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3 High-Flying Stocks Billionaires Dumped in Q2


In just six months, Wall Street has come full circle and gone on the ride of its life in the process. Uncertainty and panic created by the coronavirus disease 2019 (COVID-19) pandemic initially stripped the S&P 500 of 34% of its value in a span of 33 calendar days. It then took less than five months for the benchmark index to regain everything it had lost. At no point in history have we ever witnessed volatility like this.

Given the massive disconnect between Wall Street and the U.S. economy, Form 13F filings took on added importance this quarter.

Image source: Getty Images.

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Source Fool.com

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