Stock Market Sell-Off: 2 Growth Stocks Billionaire Money Managers Bought in Q1

Stock Market Sell-Off: 2 Growth Stocks Billionaire Money Managers Bought in Q1
·4 min read

During the first quarter, the S&P 500 fell more than 5% as rampant inflation and the prospect of rising interest rates sparked fears about a recession. Similarly, billionaire David Siegel of Two Sigma Advisors doubled his position in PayPal Holdings (NASDAQ: PYPL), adding nearly 1.8 million shares to his hedge fund. Of course, the stock market sell-off has accelerated since the end of the first quarter.