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

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

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