Topic
profit-taking
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insidermonkey.comtechnology1 day agoDeveloping
Hedge Funds Cut U.S. Tech Stock Exposure in Largest Two-Week Reduction Since 2011
Hedge funds have posted their biggest two-week reduction in U.S. information technology exposure in the past 10 years, excluding the 2021 meme stock frenzy. The move was driven by long sales outpacing short covers at a 1.5 to 1 ratio. Nearly all subsectors saw cuts, with semicond…
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