Cohen's SAC Capital Accumulates 6.7% Stake in Blue Nile (NILE)

In a 13G filing with the on Blue Nile (Nasdaq: NILE), Steven Cohen's SAC Capital hedge fund disclosed a 6.7% stake, or 981,348 shares.

The firm did not hold a prior stake in Blue Nile.

Blue Nile, Inc. and its subsidiaries operate as an online retailer of diamonds and fine jewelry worldwide.

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