Retail investors are piling into SpaceX stock.

According to data from Vanda Research, over the last two trading sessions, retail bought nearly as much SpaceX ($SpaceX(SPCX)$ ) as every other US single stock combined during the entire prior week.

On Monday alone, retail purchased around $93.8 million worth of $SpaceX(SPCX)$  shares, accounting for roughly 73% of all retail single-stock purchases that day.

In the first ten minutes of Monday's session, retail turnover in the stock exceeded $7 million.

Individual investors also bought some semiconductor stocks like Marvell ($Marvell Technology(MRVL)$ ), Micron ($Micron Technology(MU)$ ), SanDisk ($SanDisk Corp.(SNDK)$ ), and Broadcom ($Broadcom(AVGO)$ ).

Retail appetite for risk doesn't show signs of slowing down.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet