Momo Names In Tech Sector Remain Under Pressure As Rotation Continues, Einhorn's Comments Of 'Second

Benzinga.com
0 Comments|April 28, 2014

Technology and tangent social media stocks have come under pressure Monday as investors in the space may still be digesting some concerning comments from David Einhorn of Greenlight Capital. In the fund's April letter to investors, Einhorn said the market is currently witnessing a second tech bubble.

The carnage is palpable Monday afternoon:

  • LinkedIn (NYSE: LNKD) has sold off around 7 percent;
  • Pandora Media (NYSE: P) fell more than 5 percent, but is now down around 3 percent;
  • Facebook (NYSE: FB) ...
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