🔴Institutional investors are DUMPING tech stocks at a RAPID pace: Hedge funds’ selling of global information technology stocks was the largest since 2024 on Friday, according to Goldman Sachs data. It was also the 5th-largest selling event over the last 5 years. Long position unwinds accounted for the majority of the move. Hedge funds are rapidly unwinding their tech exposure amid the global semiconductor selloff.
Global Markets InvestorShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.