Jericho Capital Asset Management is attracting investors with its unique investment strategies. Founded in 2009 by Josh Resnick, the hedge fund focuses on long/short equity approaches. It aims to identify undervalued stocks while short-selling overvalued ones.
- The firm manages around $7 billion in assets.
- Top ten holdings make up 64.13% of assets.
- AppLovin Corporation reported Q4 revenue of $1.37 billion, up 44% year-over-year.
- Investors should note potential risks involved in hedge fund investments.
- Long-term gains are possible but may involve significant risks.
| Metric | Value |
|---|---|
| Q4 Revenue | $1.37 billion |
| Net Income Q4 | $599.2 million |
| 2024 Total Revenue | $4.71 billion |
| Forecast Q1 2025 Revenue | $1.355-$1.385 billion |
