Business & Economy · 45 views
Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders
JPMorgan strategists say some big hedge-fund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.
Business & Economy 
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Some large hedge funds have reportedly taken significant losses in the tech sector following a decline in July. This has led to concerns that these funds may reduce their investment in tech stocks going forward.
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