The Kobeissi Letter(@KobeissiLetter):Retail investors are selling US tech stocks at a record pace: Retail investors sold -$316 million of US-listed information technology stocks on Wednesday, the largest daily sale on record. Over the 3 days ending Wednesday, retail investors sold -$643 million of tech stocks, the largest such outflow since data began in 2019. Even during the 2020 pandemic selloff, 3-day tech stock sales never exceeded -$200 million. In total, retail investors sold -$243 million of single stocks on Wednesday, the biggest daily sale since 2020, and only the 9th daily outflow so far in 2026. Tech stocks are experiencing historic swings.

2026.07.31 19:38

Retail investors are selling US tech stocks at a record pace: Retail investors sold -$316 million of US-listed information technology stocks on Wednesday, the largest daily sale on record. Over the 3 days ending Wednesday, retail investors sold -$643 million of tech stocks, the largest such outflow since data began in 2019. Even during the 2020 pandemic selloff, 3-day tech stock sales never exceeded -$200 million. In total, retail investors sold -$243 million of single stocks on Wednesday, the biggest daily sale since 2020, and only the 9th daily outflow so far in 2026. Tech stocks are experiencing historic swings.