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Stocktwits co-founder Howard Lindzon shifted away from chip stocks

MarketWatch reports Lindzon said he sidestepped a chip selloff and is now focusing on other parts of the market amid what he called a “degenerate economy.”

Reported · Written up by our desk · Equities

MarketWatch reports that Stocktwits co-founder Howard Lindzon said he reduced exposure to chip stocks ahead of a sharp drop, describing how he positioned differently as the sector sold off. In an interview, Lindzon pointed to his approach for finding opportunity outside the chip trade as technology shares moved lower.

He also characterized the broader market environment as a “degenerate economy,” according to MarketWatch.

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