"Take, for example, the two most-popular stocks during the meme bubble, GME and AMC, and compare them to two AI juggernauts, NVDA and AMD," said Vanda.
"The former duo attracted more retail flows during the two meme stock peaks of 2021 than the latter, despite having combined market caps of barely $2 billion vs. NVDA and AMD's combined market cap of $430 billion at the end of December 2020." , but individual investors have refrained from chasing C3.ai aggressively – another sign of cautiousness, Vanda said.
Overall, retail investors have broadly pulled back in their participation in the equity market after serving as a pillar of support for most of the past year, the firm said. in the US markets. That spending has slowed to about $390 million in daily net purchases of US-listed securities through May.