NEW YORK, May 6 – Individual investors were major buyers on Thursday as stocks sold off over concerns that the U.S.
Retail investors net bought $2.6 billion worth of stocks and exchange traded funds on Thursday, according to Vanda Research.
Retail investors have become a bigger force in the markets in the past couple of years as online brokerages have dropped trading fees and social media has made it easier for individuals, many working from home due to the pandemic, to coordinate on trading ideas.