Teton Capital Partners Q3 Letter: One Stock Strikes AgainMichelle Jones
Teton Capital Partners was in the red again in Q3, and a single stock is to blame for a large portion of the negative returns. By mid-year, the firm had lost $46 million on one stock in 2018 alone, and the stock came back to bite the hedge fund again during the third quarter.
Teton Capital down 4.7% year to date
According to Teton Capital's Q3 letter, which was obtained by ValueWalk, the hedge fund is down 4.7% year to date. Teton was down 2.37% for September and 3.15% for August, although it was up 0.55% for July.
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