Chart of the day: The hedge funds’ Google vs. Apple trade

March 14, 2013 Posted By: Leave a comment
Funds that were buying one and shorting the other are reportedly unwinding their trades

FORTUNE -- This was news to me.

Starting in February, according to Thomas Kee, who runs an outfit called Stock Traders Daily and writes a column for MarketWatch, hedge fund traders were buying Google (GOOG) and shorting Apple (AAPL).

"The trade worked quite well until...

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