David Tepper covered NASDAQ short - CNBC

May 10, 2022 8:53 AM EDT

David Tepper covered his NASDAQ short, CNBC Jim Cramer relayed.

Tepper, the founder of hedge fund Appaloosa Management, has a history of making prescient market calls.

The hedge fund manager told Cramer he thinks the selling could be ending, but also noted that this was a "trade."

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