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STK - STK: Tech Has Been On Fire Time To Sell
May, 20 2023 09:36 PM
Columbia Seligman Premium Technology Growth Fund Inc
2023-05-20 21:36:22 ET
Summary STK is a buy-write closed end fund. The vehicle is focused on technology stocks and has a very high correlation to the Nasdaq performance. The fund has rallied over 24% this year as tech has squeezed short sellers. We are now entering overvaluation territory for both the Nasdaq (from an RSI standpoint) as well as the fund from a premium perspective. For further details see:
STK: Tech Has Been On Fire, Time To Sell
Stock Information
Company Name:
Columbia Seligman Premium Technology Growth Fund Inc
Stock Symbol:
STK
Market:
NYSE
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