This month's market crash appears to have done little to curb the retail appetite for stocks.
This month's market plunge has done little to curb the retail appetite for stocks — especially for tech. Small investors are buying the dip in old favorites such as Nvidia and Tesla , as well as scooping up the dip in Chipotle, according to a Wednesday note from JPMorgan. Retail traders have snapped up roughly $1.8 billion in individual stock names, with $1.3 billion of that spending in just four names — Tesla, Nvidia, Microsoft and Palantir .
mountain Nvidia They also bought the dip in Chipotle , and sold the rally in Starbucks , having identified the surprise leadership change as an opportunity. On Tuesday, Starbucks said it's replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol. Starbucks shares surged 24.5% in its best day ever, while Chipotle shares dropped more than 10%.
Stock Markets Tesla Inc Microsoft Corp Palantir Technologies Inc Chipotle Mexican Grill Inc Starbucks Corp NVIDIA Corp Brian Niccol Business News
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