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Tech stocks lead the way lower on Softbank fade

Tech stocks lead the way lower on Softbank fade

Softbank gets no respect
CNBC earlier reported that Softbank was a major call buyer yesterday in AMZN, NFLX, FB and GOOG.
That report has percolated and the thinking is that they were behind the curious and non-stop bid in the Nasdaq yesterday that lifted the entire market. They obviously have limited firepower and they don’t get much

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Date: October 3, 2020, 02:05