Retail investors sold US tech stocks at record pace, with $316M sold on Wednesday and $643M over three days — the largest outflows since tracking began in 2019.
Macro & Markets ·
Retail investors withdrew $316 million from U.S. technology stocks on Wednesday, marking the largest single-day outflow since tracking began in 2019. Over the three-day period ending Wednesday, cumulative tech stock sales reached $643 million, the highest three-day total on record. Even during the 2020 pandemic downturn, the corresponding three-day figure never surpassed $200 million. Separately, individual stock sales totaled $243 million on Wednesday, the highest daily volume since 2020.