Bloomberg

Everywhere you look under surging stocks is fervid retail buying

American Airlines are among favorites. Foto: AP/Ted S. Warren

Everyone knows retail investors dived back into the market as stocks rebounded. Now, evidence is starting to build that their buying has become a key driver of the beaten-down shares that are dominating the rally.

Companies that have been soaring are in many cases the same firms that have seen skyrocketing interest at brokerages popular with individual investors. Turnover is surging: average daily volume for these stocks has occasionally been 30 times what it was in 2019...

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