Hedge funds

Tiger Global Sells Apple Inc., JC Penney, Cuts Netflix, Groupon

Tiger Global, founded by the legendary investor Chase Coleman, went on a selling spree in the last quarter. The most notable complete exits were Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG) and J.C. Penney Company, Inc. (NYSE:JCP). So good move on JCP but bad timing on Apple, as Tiger Global just missed Icahn's briefly worded Apple Inc. (NASDAQ:AAPL) shakeup on Twitter.

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