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It’s a Mixed Bag for Big Tech Stocks Now, Says Strategist

June 7, 2023
in Trade Tube
Reading Time: 1 min read
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Big technology stocks are underperforming the S&P 500 and investors are pulling money out of the sector, according to Nick Colas, Chief Market Strategist at Convergex. Colas said while Facebook has been doing well, other names, like Netflix and Alphabet , have fallen out of favor. Colas said money is flowing out exchange traded funds that track technology stocks,

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