Tag: sold broader
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Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
LONDON, June 12 : Hedge funds sold out of the biggest U.S. tech stocks, and some even added bearish positions, according to data from a JPMorgan note late Thursday, just before SpaceX was set to go public on Friday.Shares in the “Magnificent Seven” – a group that includes some of the biggest tech names on…
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