Analysis: Retail trading appetite robust even as stock-buying frenzy cools John McCrank ,
By John McCrank
NEW YORK (Reuters) - Retail traders have shifted from meme stocks to large-cap names and exchange traded funds, and while their activity has eased from its January peak, the blistering pace of new retail account openings means non-professionals are likely to remain a market force.
Retail trading levels skyrocketed at the beginning of the year, helped by the frenzy of buying in stocks like GameStop Corp. But that has been followed by a pullback, according to data, despite expectations that investors would use stimulus checks to trade.
Retail trading appetite robust even as stock-buying frenzy cools
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