Retail investors are piling in to SpaceX stock:
Over the last 2 trading sessions, retail investors bought nearly as much SpaceX, $SPCX, as every other US single stock combined in the entire prior week, according to Vanda Research data.
On Monday alone, retail purchased +$93.8 million of $SPCX shares, accounting for ~73% of all retail single-stock purchases during the day.
In the first 10 minutes of Monday’s session, retail investor turnover in the stock exceeded $7 million.
Individual investors also bought some semiconductor stocks such as Marvell $MRVL, Micron $MU, SanDisk $SNDK, and Broadcom $AVGO.
Retail appetite for risk shows no signs of slowing.