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Goldman Sachs: Customers are starting to short unprofitable technology stocks due to a resurgence of meme stocks

According to online reports, according to Bloomberg, Goldman Sachs Group said that as the meme stock craze returns and triggers a number of small-cap stocks to rise crazily, its customers are more "willing" to short stocks of unprofitable technology companies. After surging about 70% from mid-April lows, a basket of unprofitable technology stocks tracked by the bank has fallen in the past two days, falling back more than 3%. Faris Mourad, vice president of Goldman Sachs 'U.S. customized basket team, wrote in a report to clients: "Almost all exchanges with clients this week have centered on one question: When to reverse the operation on the most speculative sectors in the market, such as loss-making technology stocks, there will be more actions later this week, and we have noticed that customers are beginning to be willing to short at current prices."

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