PANews reported on March 30 that according to Goldman Sachs data, hedge funds sold the second-largest number of global technology stocks in five years this week, second only to the sell-off in early August 2024. In this round of sell-off, US technology stocks accounted for 75% of the net sell-off. Analysis pointed out that even in the early days of the 2022 bear market, the speed of selling these stocks was not so fast. The Nasdaq 100 Index has fallen 13% in the past six weeks.
Goldman Sachs: Hedge funds sold a large number of global technology stocks this week, the scale is the second largest in the past five years
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