Seth Klarman's Hedge Fund Slashed This Stock by 54% — Even as It Scores Highly on Growth and Momentum
Seth Klarman's Baupost cut its Wesco stake by more than half, even though the stock ranks among the strongest in the fund's portfolio.
A smart investor sold more than half his shares in Wesco, even though the stock is doing well. When someone this skilled sells a lot, it might mean they think the price got too high or they see something coming.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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