With two days to go in the quarter, several of the big momentum names that hedge funds have loved are getting killed.
Netflix is down 13%, Wynn, Lululemon, Sina, Baidu, Priceline… all crushed, for uncertain reasons.
That’s why everyone’s buzzing about it.
Everyone’s looking at the big tech hedge funds because they own nearly all of the stocks.
There are some big names in there.
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