A Tech-Focused Fund Seemed Headed for a Big Loss in ‘24. Then Markets Changed.

Cadian Capital reversed course thanks to a rebound in smaller and mid-size tech stocks.

Financial Trading Concept with Green and Red Up Down Arrows

asbe/Getty Images

It was looking pretty bleak for Cadian Capital Management and its investors as recently as the end of October. The tech-focused hedge fund was down about 20 percent in what was otherwise another profitable year for markets overall and tech stocks, especially the mega caps.

Then

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related