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The Nexus
BUSINESSJun 12 · 13:00 UTCQUARTZCris Tolomia

Hedge funds sold off big tech stocks to make room for the SpaceX IPO

Hedge funds reduced positions in the biggest U.S. tech names and added bearish bets ahead of SpaceX's IPO start. JPMorgan data shows this occurred just before SpaceX began trading.

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