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Retail investors are cashing out profits from tech stocks; last week, they net sold $125 million of SanDisk.
BlockBeats, July 17: The Kobeissi Letter posted that retail investors are cashing out gains from the tech-stock rally. Last week, retail investors net-sold $125 million worth of SanDisk shares, the largest net selling amount among all individual stocks; Apple and Tesla were net-sold $120 million and $105 million, respectively.
In the same period, retail investors also net-sold $65 million in Nvidia, $40 million in American Airlines, and $22 million in Meta stock. Over the past two weeks, the net selling of both Apple and Tesla by retail investors has reached $200 million.
Meanwhile, the total trading value of retail investors’ individual stocks rose to a record $370 billion, up from $220 billion at the beginning of 2026. After tech stocks saw a historic surge, retail investors are locking in profits.