Tech stocks have benefited from an amazing run over the past 5 years, as evidenced by the Nasdaq hitting a new 5 year high today. However, there are still tech companies out there that investors are betting against. Investors are moving in scale to short, or place bets that shares of certain tech companies will plummet.
So what tech companies are investors betting against?
Below are the top 10 shorted tech companies (with a market cap above $2B):
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Rob a.k.a. Techinsidr has been trading stocks and following the stock market since 1997. He formerly worked at Intel Corporation in a Financial Analyst role, responsible for overseeing an annual budget of $160M... More »
This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.