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U.S. Stocks Post Third-Largest Weekly Single-Stock Outflow Since 2008
Institutional investors withdrew $11 billion from individual U.S. stocks last week, with technology shares leading the selling.
Institutional investors withdrew $11 billion from individual U.S. stocks last week, marking the third-largest weekly outflow in data going back to 2008 and underscoring heavy selling in technology shares.
Technology stocks led the retreat, with selling spread across the U.S. equity market. The latest outflow ranked behind only two larger weekly withdrawals recorded since 2008.
The figures capture institutional activity in individual U.S. stocks.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.