(Reuters) A number of hedge funds got out of a group of soaring technology stocks late last year just before they fell sharply to start 2016.Among those to sell “FANG” stocks – as Facebook (FB.O), Amazon (AMZN.O), Netflix (NFLX.O), and Alphabet Inc (GOOGL.O) (formerly called Google) collectively have come to be known – in the fourth quarter were Senator Investment Group, Samlyn Capital and Nokota Management, new regulatory filings released on Tuesday show.
Some Hedge Funds Avoid Bite From ‘Fang’ Stocks
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