Tiger Global Gains 3.4% in June in Top Hedge Fund

Tiger Global Management posted a 3.4% gain in June in its flagship hedge fund, according to a person familiar with the company, marking the fund’s first gain since October. Still, the hedge fund The stock market is still down 50.1% in the first half, worse than the losses recorded by the major stock market indexes and other large hedge funds that are investing in growth.

The number is a flash estimate that Tiger shared with investors Tuesday night and does not include any comment. Meanwhile, the tech-filled Nasdaq Composite lost 8.7% in June including dividends; The S&P 500 lost 8.3% including dividends. Tiger Global Gains 3.4% in June in Top Hedge Fund

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