Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
First publishedAug 6, 11:06 UTC
Last updatedAug 6, 13:40 UTC · 14m ago
1 outlet
MarketWatch
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Answer
JPMorgan strategists say some big hedge fund groups took heavy hits from the July tech selloff, and they may be buying far less of those stocks going forward.
Reported by 1 outlet — MarketWatch. See all sources ↓
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In brief
- What's the story?
- JPMorgan strategists say some big hedge fund groups took heavy hits from the July tech selloff, and they may be buying far less of those stocks going forward.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 14m ago.
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Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
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Sources (1)
Avg source rating 7.0/10Processing cluster
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