Coatue's Hedge Fund Experiences Worst Drop in Over a Year

Coatue Management's hedge fund saw an 8.3% decline last month, marking its most significant drop in over a year, following a sharp selloff in AI stocks, though the fund remains up 14.3% year-to-date.

4 Aug, 18:19 — 4 Aug, 18:19

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bloombergHigh25d ago

Coatue's Hedge Fund Sees Worst Drop in More Than a Year

Coatue Management’s hedge fund plunged 8.3% last month, marking the latest tech-focused money manager to be whipsawed after a sharp selloff in AI stocks, though sources say the fund is still up 14.3% year-to-date. Bloomberg's Hema Parmar joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

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Coatue's Hedge Fund Experiences Worst Drop in Over a Year

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Coatue's Hedge Fund Sees Worst Drop in More Than a Year

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