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Fidelity Feels After-Hours Pinch on Genworth (GNW)

July 20, 2011 5:31 PM EDT
Fidelity Investments has got to be ecstatic... or not.

According to Streetinsider's Hedge Fund Insider section, Fidelity holds on to 9.88 percent of Genworth (NYSE: GNW). With the paltry outlook for Q211 issued today, shares sank, and are now down over 8 percent.

That means Fidelity's pockets are about $3.9 million lighter (on paper, of course).


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