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MARKETS: Why hedge funds are refusing to cut their fees any further

Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest moves.

Here's the performance of select trending stocks as of 11:30 am:

TLRY(HB) Tilray Inc 52.50%

ACBFF(HB) Aurora Cannabis Inc 12.46%

NIO(HB) NIO Inc 9.38%

CGC(HB) Canopy Growth 7.13%

SDRL(HB) Seadrill Limited 6.36%

TRXC(HB) TransEnterix Inc 4.75%

IQ IQIYI Inc ADS 3.70%

BIDU Baidu Inc 3.54%

BABA Alibaba Group Holding Ltd 3.29%

JD JD.com Inc 3.28%

HMNY(HB,F) Helios and Matheson Analytics 4.03%

JCP(HB) Penney (J.C.) 3.21%

C Citigrp Inc 2.68%

CHK Chesapeake Energy Corp 2.54%

F Ford Motor 2.51%

JPM JPMorgan Chase & Co 2.44%

CAT Caterpillar Inc 2.41%

FIT Fitbit Inc 2.59%

SOGO(HB) Sogou Inc 2.39%

BAC Bank of America Corporation 2.20%

TSLA Tesla Inc 1.98%

TEVA Teva Pharm Indus ADR 1.84%

BA Boeing Co 1.71%

GE General Electric Co 1.54%

WBA Walgreen Boots Alliance Inc 1.45%

CVX Chevron Corporation 1.29%

PBR Petroleo Brasileiro S.A. ADS 1.29%

GEVO(HB) Gevo Inc 1.24%

WFC Wells Fargo 1.21%

CVS CVS Health Corp 1.19%

SHOP Shopify Inc 1.12%

HUYA(HB) HUYA Inc 0.91%

X U.S. Steel Corporation 0.87%

SBUX Starbucks Corp 0.82%

XOM Exxon Mobil 0.77%

RAD Rite Aid 0.75%

IBM Intl Business Machines Corp 0.70%

BP BP P.L.C. ADS 0.69%

GILD Gilead Sciences 0.57%

FB Facebook Inc 0.51%

HD Home Depot Inc 0.48%

AVGO Broadcom Inc 0.44%

DIS Disney (Walt) Co 0.35%

WMT Wal-Mart Stores 0.30%

PG Procter & Gamble Cc 0.21%

KMI Kinder Morgan Inc 0.19%

ORCL Oracle Corp 0.19%

GERN(HB) Geron Corp 0.18%

KO Coca-Cola Co 0.15%

SPY SPDR S&P 500 ETF 0.15%

NVDA Nvidia Corp 0.18%

V Visa Inc 0.09%

INTC Intel Corp 0.10%

TWTR Twitter Inc 0.02%

GOOG Alphabet Inc Cl C Cap Stock -0.05%

MO Altria Grp -0.06%

JNJ Johnson & Johnson -0.04%

SRPT Sarepta Therapeutics Inc -0.07%

CELG Celgene Corp -0.09%

MU Micron Tech -0.13%

SNAP Snap Inc -0.11%

AAPL Apple Inc -0.19%

PFE Pfizer Inc -0.21%

GOOGL(HB) Alphabet Inc Cl A -0.25%

CSCO Cisco Systems -0.25%

QQQ Invesco QQQ Trust Series 1 -0.28%

LRCX Lam Research -0.34%

SIRI Sirius XM Hldgs Inc -0.43%

NKE Nike Inc Cl B -0.47%

AMAT Applied Materials -0.56%

QCOM Qualcomm Inc -0.60%

PYPL PayPal Hldgs Inc -0.78%

NFLX Netflix Inc -0.78%

BB BlackBerry Ltd -0.88%

T AT&T Inc -1.01%

MSFT Microsoft Corp -1.02%

CMCSA Comcast Cl A -1.03%

AMZN Amazon.com Inc -1.16%

VZ Verizon Communications -1.21%

ADBE Adobe Systems -1.33%

NKTR(0) Nektar Therapeutics -1.47%

CRM salesforce.com Inc -1.46%

ABBV AbbVie Inc -1.66%

ARWR(0) Arrowhead Pharma Inc -1.80%

ROKU Roku Inc Cl A -2.14%

AMD Advanced Micro Devices Inc -2.35%

SQ Square Inc -3.18%

DBX Dropbox Inc -3.66%

VXX iPath S&P 500 VIX Short-Term -4.20%

UVXY ProShs Ultra VIX Short-Term -6.41%

TVIX(HB) VS 2X VIX Short Term -7.45%