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Tech selloff hits these London-listed stocks as a Tesla-heavy fund tumbles – MarketWatch
Shares in Scottish Mortgage Investment Trust fell as much as 11% lower in Tuesday trading
The selloff in technology stocks hit the London market on Tuesday, with the sector dragging down the U.K.s benchmark index as investors exit companies that have been among the biggest winners through the COVID-19 pandemic.Shares in tech companies listed on the FTSE 100, the index of Londons top stocks by market capitalization, broadly fell, with information technology group AVEVA
AVV,
-2.40%
,
high tech grocer and robotics logistics specialist Ocado
OCDO,
-2.75%
,
cybersecurity group Avast…
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