By Svea Herbst-Bayliss NEW YORK (Reuters) - EBay Inc.'s stock price slumped for most of last year but a number of prominent hedge funds were so convinced that change is on the horizon for the e-commerce company that they established new or added to existing positions in the last months of 2018. Baupost Group, run by Seth Klarman, and BlueMountain Capital both made new investments while Hudson Bay Capital Management and Adage Capital Partners expanded their bets with sizable purchases during the fourth quarter, regulatory filings and data compiled by Symmetric.io show.
from Latest News Business on Firstpost http://bit.ly/2GKTn1K
Friday, 15 February 2019
Prominent investors stock up on eBay, then activists flex muscle
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