Major investors still high on tech stocks
Major investors aren't fazed by the volatility in the tech sector, with some quickly snapping up so-called "FANG" stocks. Fund managers at T Rowe Price and Federated Investors are buying up FANG (Facebook, Amazon, Netflix and Google) stocks after a two-day selloff that resulted in thelargest declinein the tech sector in more than a year, according to Reuters.(Silicon Valley Business Journal)
Major investors aren't fazed by the volatility in the tech sector, with some quickly snapping up so-called "FANG" stocks. Fund managers at T Rowe Price and Federated Investors are buying up FANG (Facebook, Amazon, Netflix and Google) stocks after a two-day selloff that resulted in thelargest declinein the tech sector in more than a year, according to Reuters.(Silicon Valley Business Journal)
