Regulatory Roadmap Report


Like this article?

Sign up to our free newsletter

Tech stock plunge sees hedge fund Light Street Capital chalk up 50% loss

Related Topics

Hedge fund Light Street Capital Management has joined the growing club of stock-picking hedge funds chalking uo big losses, with the fund now down by 50% so far in 2022, according to a report by Bloomberg.

The report cites unnamed sources as revealing that the fund, founder by Glen Kacher was down 6.7% in September alone, with all six of its largest US stock picks, as of the end of June,  having fallen by over 27% by the end of September. 

Software company Expensify Inc, caused the biggest loss with its stock tumbling by 66%, while Datadog Inc and Cellebrite DI Ltd both saw their value fall by half. 

Like this article? Sign up to our free newsletter

Most Popular

Further Reading


Man Group

Talk to Us

What would you like to talk with us about? *