Bracing for the Great Tech Exodus

March 26, 2018   Stephen Taub

Hedge funds love high-flying tech and media stocks. But what happens when the sector plummets — and they all dump them at once?

Technology, internet, and media stocks have heavily driven stock market gains over the past few years — a fact not lost on hedge funds, which have clung to these capital gains generators as though their compensation depended on it. The …

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