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Why Tiffany Stock Fell Wednesday

TheMotleyFool

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Shares of luxury jewelry company Tiffany (NYSE: TIF) took a hit on Wednesday, falling nearly 6% as of 11:25 a.m. EDT.

The stock's decline was likely prompted by news that JANA Partners LLC, a hedge fund founded by Barry Rosenstein, had sold its entire position in Tiffany.

Image source: Getty Images.

Source Fool.com

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