FB most popular US stock among hedge funds in Q1: Report













Facebook was the most popular US stock among hedge funds in the first quarter of 2018, according to Bloomberg. Hedge funds made $1.37 billion in net purchases of Facebook in the period, more than any other US stock, the report said. This comes while Facebook is facing backlash after it admitted that data of its 87 million users was harvested.



short by Aditi Verma /
12:10 pm on 16 May




Source: Inshorts
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