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.

Steve Taub January 28, 2025

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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

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