The Worst Pain From Soros' Selling May Be Over

Each morning for the past month or so, money manager Ashok Ahuja would wonder why his treasured Qualcomm (QCOM Quote) would sell off after early upticks.

The announcement Friday that Stanley Druckenmiller and Nick Roditi, respected managers for the famed hedge funds led by George Soros, were resigning after losing $5 billion in the Nasdaq market this year may give him that answer. Ahuja, who runs Icor Capital, is thinking it was Soros' Quantum Fund getting out of some of its Qualcomm shares.

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