Investors are fleeing tech stocks in record numbers

CNBC Top News ·

Investors are fleeing tech stocks in record numbers

Investors sold $10.8 billion in tech stocks last week – the biggest amount ever tracked for selling in the sector by Bank of America going back to when the firm started collecting the data in 2008. …

Investors sold $10.8 billion in tech stocks last week – the biggest amount ever tracked for selling in the sector by Bank of America going back to when the firm started collecting the data in 2008. On a relative basis, the selling was intense as well. Outflows as a percentage of the S & P 500 tech sector's market capitalization were the most since 2014. Bank of America clients sold a record $14.2 billion in single stocks overall last week. …

Original source: CNBC Top News

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