$VIPS {$VIAC} George Soros reportedly snapped up stocks that took a hit amid the collapse of Archegos Capital Management in March.
What Happened: Billionaire George Soros’ investment firm Soros Fund Management bought shares of CBS Corporation (NASDAQ:VIAC), DISCOVERY COMMUNICATIONS INC (NASDAQ:DISCA) and Baidu Inc (NASDAQ:BIDU) as these stocks were at a discount after Bill Hwang’s Archegos Capital Management collapsed, Bloomberg reports.