Why this fund manager sold semiconductor ETFs just before the Friday carnage
Samir Arora, Founder and Fund Manager at Helios Capital, revealed on Monday (June 8) that he sold units of an exchange-traded fund that tracks semiconductor stocks on Friday, just before the market opened. What followed was a massive sell-off, particularly in Eternal, dragging the Nasdaq down 4% by the end of trade. “All offshore ETF … Read more
