Technology Index Funds Put Twitter On Sale

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On Monday, Technology index funds and ETFs are no longer supposed to own Facebook, Twitter or Google. That’s why nearly all Technology index funds sold their holdings of Facebook, Twitter and Google on Friday, driving the stocks down 1.86%, 4.52%, and 1.63% respectively. When large shareholders sell for reasons that have nothing to do with the company, smart investors have an opportunity to buy stock at a bargain price.

 

 

Source:- forbes.com

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