Coatue Management trims stakes in five Magnificent 7 members (NYSE:PLTR)

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Shopify Germany

Sean Gallup

Billionaire investor Philippe Laffont’s Coatue Management cut most of its stakes in members of the “Magnificent 7” club in Q3 2023, while taking new positions in data analytics software company Palantir Technologies (NYSE:PLTR) and Canadian e-commerce firm Shopify (NYSE:SHOP).

Coatue disclosed



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