{"id":66788,"date":"2018-11-25T00:01:49","date_gmt":"2018-11-25T05:01:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66788"},"modified":"2018-11-27T01:15:16","modified_gmt":"2018-11-27T06:15:16","slug":"goldman-sees-more-pain-for-facebook-micron-on-hedge-fund-exodus","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2018\/goldman-sees-more-pain-for-facebook-micron-on-hedge-fund-exodus.html","title":{"rendered":"Goldman Sees More Pain for Facebook, Micron on Hedge Fund Exodus"},"content":{"rendered":"<p>\n(Bloomberg) It\u2019s been a tough few months for tech stocks from social media giant Facebook Inc. to memory chipmaker Micron Technology Inc., which have been at the forefront of the U.S. stock market\u2019s autumn rout. If history is a guide, the bloodletting probably isn\u2019t over. Goldman Sachs identified Facebook and Micron among a list of companies that had the biggest declines in hedge fund ownership during the third quarter. Such \u201cfalling stars\u201d have historically continued to trail the market over the next three to 12 months, strategists led by Ben Snider and David Kostin wrote in a note to clients Wednesday.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-21\/goldman-sees-more-pain-for-facebook-micron-on-hedge-fund-exodus?srnd=markets-vp\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) It\u2019s been a tough few months for tech stocks from social media giant Facebook Inc. to memory chipmaker Micron Technology Inc., which have been at the forefront of the U.S. stock market\u2019s autumn rout. If history is a guide, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66788","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66788"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66788\/revisions"}],"predecessor-version":[{"id":66789,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66788\/revisions\/66789"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}