After a brutal year for technology stocks, individual investors have lost their appetite for buying the dip, with one notable exception. They are still scooping up shares of Tesla Inc.
Individual investors’ net purchases of a basket of eight popular tech stocks hit a recent peak in November, before dropping sharply through the end of the year, according to Vanda Research. Buying has since picked up slightly in the new year as tech shares rebound.
Source: finance.yahoo.com
Related posts:
Morgan Stanley lays out the stock market's best-case scenario for this week's Fed decision — and 2 a...
Why AT&T Shares Are Tumbling Today
My husband and I bought a retirement home in 2008, and he died two years later. The condo unit is wo...
Intel reportedly plans to lay off thousands of workers, with details potentially emerging alongside ...
Investor Mark Suster says a "handful" of bad actors in VC destroyed Silicon Valley Bank