News Formal

Hedge funds 'aggressively' sold tech stocks in June

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Hedge funds 'aggressively' sold tech stocks in June - Goldman Sachs

Data from Goldman Sachs shows that hedge funds are aggressively selling tech stocks now, with June's net dollar selling of the sector the largest on record.

The data further shows that hedge fund exposure to momentum stocks has decreased for the first time in six months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs added these 2 stocks to its conviction list in JuneGoldman Sachs added these 2 stocks to its conviction list in June
Source: Investingcom - 🏆 450. / 53 Read more »