In this article, we reviewed Candlestick’s losses from short bets and examined the top 10 holdings to determine whether its stock portfolio has the potential to recover losses. Click to skip ahead and see Candlestick Capital’s Top 5 Stock Holdings.
Candlestick Capital Management, founded by former Citadel portfolio manager Jack Woodruff, is among the hedge fund losers in a tug of war with Reddit’s day traders. The hedge fund, which started fiscal 2021 with almost $3 billion, fell at a low-…
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