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Top Tech Stocks Have Retreated — But Short Sellers Are Struggling to Post Gains
The recent downturn in FAANG stocks wasn’t enough to help investors betting against them, according to S3 Partners.
Facebook, Amazon.com, Apple, Netflix, and Google parent Alphabet have been some of the most shorted companies this year, even as their shares continued to climb for much of 2018, according to S3 Partners, a financial technology and analytics firm.But shorting them hasn’t proven a profitable hedge as markets tumbled in
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