Snack, Crackle, Drop! Temasek Exits Snapchat
A number of high profile concentrated investors had sold off positions in Snap Inc., a social media app company, post-March 2017. David Tepper’s Appaloosa Management dumped 100,000 shares of Snap during the second quarter of 2017, while increasing his hedge fund’s position in Facebook stock. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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