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Hedge Fund and Insider Trading News: Dan Loeb, Michael Hintze, Mike Novogratz, Ray Dalio, Indaba Capital Management, Nextgen Healthcare Inc (NXGN), FormFactor, Inc. (FORM), and More


Hedge Fund and Insider Trading News: Dan Loeb, Michael Hintze, Mike Novogratz, Ray Dalio, Indaba Capital Management, Nextgen Healthcare Inc (NXGN), FormFactor, Inc. (FORM), and More
Third Point’s Dan Loeb, who finished 2020 with a solid 20% return, said his hedge fund was able to dodge steep losses caused by the GameStop speculative trading mania that burned some of his peers. The hedge fund manager also revealed his top performers in the fourth quarter that propelled the fund to the good year, according to his latest investor letter obtained by CNBC.
BOSTON (Reuters) –
Indaba Capital is pushing benefit management software company Benefitfocus Inc. to put itself up for sale after years of poor returns and high turnover in the executive suite, according to a letter the hedge fund sent to the company’s board on Thursday. Indaba, which owns 9.6% of Benefitfocus’ stock, is dialing up the pressure after weeks of private negotiations that ended when the company last ....

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