Seeking Alpha
, ETF Digest (117 clicks)
Newsletter provider, portfolio strategy, ETF investing, long/short equity
Profile| Send Message|
( followers)  
The only big financial news Thursday came from a judge (obviously unfriendly to trial lawyers) who threw out an award for smokers. Altria rallied roughly 5% on the news. I wonder, do trial lawyers hedge their verdict outcomes by going long stocks like MO?

Source: Altria Stock Jumps on Judge's Ruling Against Smokers (MO)