This content is from:xinyabo体育
Barry Rosenstein’s JANA Suffers First Monthly Loss in Nearly a Year
The activist hedge fund firm, which switched up its portfolio in the first quarter, was hurt in part by its two newest targets.
Barry Rosenstein (Andrew Harrer/Bloomberg) Barry Rosenstein’s JANA Partners suffered its first setback in nearly a year. The sometime-activist hedge fund firm posted a loss in May, its first monthly decline since last June. The loss came after the firm made many changes to its portfolio in the first quarter. Specifically, its flagship JANA
To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.