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Castle Ridge Up 20% In First Half Of 2018

Toronto-based AI investment manager Castle Ridge Asset Management ended H1 2018 up more than 20% before fees. In a note to clients, the firm explained that its WALLACE AI platform took a position in Twitter. "Sensing an upcoming catalyst, WALLACE positioned Twitter Inc (ticker: TWTR) as the top portfolio holding.  Twitter shares quickly gained 9% at the beginning of June.  Then, after the market closed on June 4th, it was announced that Twitter would be added as the newest member of the closely watched S&P 500 stock benchmark, replacing Monsanto.  Immediately, Twitter shares jumped an additional 5% overnight, leading to a 14.8%...