The layoffs are targeted for corporate employees and could primarily affect Amazon’s devices business, as well as human resources and retail, according to a person familiar with the matter. Read More...
Reuters
Two Sigma, Holocene added Tesla shares before fourth-quarter tumble
Hedge funds Group One Trading LP, Two Sigma Investments LP and Holocene Advisors LP were among the largest purchasers of Tesla Inc stock during the third quarter, filings released Monday showed. Two Sigma, meanwhile, added nearly 323,500 shares for a stake worth $14.7 million as of the end of September, while Holocene Advisors added nearly 319,000 shares for a stake worth about $84.6 million. Tesla’s shares have fallen significantly since the end of the quarter, dropping 16% compared to the 11.4% gain in the benchmark S&P 500 index.
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