5 Cloud Computing Stocks Under $5

2. VNET Group, Inc. (NASDAQ:VNET)

Number of Hedge Fund Investors in Q4 2022: 21

VNET Group, Inc. (NASDAQ:VNET) is an information technology company that is based in Beijing, China. It provides cloud services that enable users to run applications over the Internet.

21 of the 943 hedge funds polled by Insider Monkey had held a stake in VNET Group, Inc. (NASDAQ:VNET) during last year’s December quarter. Seth Fischer’s Oasis Management is the firm’s largest investor. It owns 3.4 million shares that are worth $19.3 million.

Follow 21Vianet Group Inc. (NASDAQ:VNET)