David Einhorn

Andrew Harrer | Bloomberg | Getty Images

(This story is for CNBC Pro subscribers only.)

Greenlight Capital’s David Einhorn sent a dire warning on an “enormous” speculative bubble in technology stocks, saying the hedge fund has initiated a number of short positions on “second-tier” names and recent high-flying IPOs in the space.

The fund also added some long positions.

Originally published at CNBC

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