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:
Policymakers Have a Potential Fix For Depleting Social Security Funds ... But It'll Cost You
American Borrowers Are Getting Closer to Maxing Out
Nvidia reports earnings, Fed gathers in Jackson Hole: What to know this week
Investors lost $195 billion shorting stocks in 2023. Here were the 10 most painful bets.
‘I don’t know if it’s worth dealing with tenants’: Should I convert my home into a rental, or sell i...