YOLO Crowd Wants Little to Do With Tech Megacaps It Once Adored

Retail investor activity in seven large technology stocks declined to a four-year low in recent days, according to Citigroup Inc. equity strategists. The stocks—Microsoft, Apple, Nvidia, Tesla, Alphabet, Amazon, and Meta—had seen reduced trading activity for months prior. Citigroup did not specify which stocks comprised the group or provide the exact volume figures in its public statements.

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