TechFlow news, March 30 — According to Jinshi Data citing Goldman Sachs data, hedge funds sold global technology stocks this week at the second-highest pace in five years, surpassed only by early August 2024. U.S. tech stocks accounted for 75% of the net selling during this round.
Analysts noted that even during the initial phase of the 2022 bear market, the pace of selling these stocks was not this rapid. The Nasdaq 100 Index has declined 13% over the past six weeks.




