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David Einhorn is short Caterpillar

Portia CroweMay 5, 2016, 03:12 IST

Reuters/ Lucas Jackson

Billionaire hedge fund manager David Einhorn is short Caterpillar. Shares of the company tumbled in after-hours trading after he disclosed the position Wednesday.

The Greenlight Capital president revealed his firm's position at the Ira Sohn conference.

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