Hedge Funds Taking Profits in Semiconductor Sector Despite Tech Rally, Goldman Sachs Notes
Hedge Funds Taking Profits in Semiconductor Sector Despite Tech Rally, Goldman Sachs Notes
Goldman Sachs Prime Services reveals that hedge fund clients are actively selling off semiconductor and related equipment stocks. This subsector has become the most net-sold in the U.S. over the last month, even as the broader technology shares continue their climb to record highs.
Hedge fund clients are selling out of semiconductor and equipment stocks even as technology shares climb to record highs, according to Goldman Sachs Prime Services. The semiconductors and related equipment subsector is the most net-sold U.S. subsector over the past month and is now modestly net sold on a year-to-date basis, Goldman Sachs Global Banking […]
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