tiger global management a hedge fund run by chase coleman has lost more than 50 of its value in 2022 including a 143 drop in may according a report by cnbc the losses came after tiger global bet on tech stocks in the first quarter including snowflake inc snow  sea ltd se and carvana co cvna  cbnc reported citing regulatory filings snowflake has lost 60 of its value in 2022 while carvana is off by nearly 88 and sea is down by 63 the nasdaq comp has lost about 22 of its value this year