Momo Stocks Taken To the Woodshed on Hedge Fund Blow Up Rumors, China Probe

While the broader market is substantially higher, a number of momentum stocks are getting killed today. There have rumors of a hedge fund blow-up, although we've heard nothing specific. Also on China stocks, there have been reports of a DoJ probe into accounting practices although no companies were named.

Sina Corp. (Nasdaq: SINA) down 11.7%
Fossil, Inc. (Nasdaq: FOSL) down 9.4%
Netflix, Inc. (Nasdaq: NFLX) down 8.6%
Baidu, Inc. (Nasdaq: BIDU) down 7%
Travelzoo Inc. (Nasdaq: TZOO) down 5%
priceline.com (Nasdaq: PCLN) down 4.6%
Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) down 4.3%
SodaStream International Ltd. (Nasdaq: SODA) down 3.7%
Lululemon Athletica Inc. (Nasdaq: LULU) down 2.5%
Chipotle Mexican Grill, Inc. (NYSE: CMG) down 1.6%

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Anthropic hires Google chip veteran as it pushed into hardware - Bloomberg
• NVIDIA (NVDA) in talks to invest in data-center company Cloverleaf Infrastructure - WSJ
• Samsung Plans As Much As $79 Billion In Shareholder Returns - Bloomberg