Semiconductor Stocks Just Tumbled. This Tech ETF Soared 6% Instead. Here’s Why.

view original post

CrowdStrike (NASDAQ: CRWD) was up nearly 14% on the session. Palo Alto Networks (NASDAQ: PANW) gained almost 13%. The First Trust Nasdaq Cybersecurity ETF (NASDAQ: CIBR), the largest ETF in this space …