Retail investors pile into beaten up tech stocks – and get whacked

etail investors were hammered on Monday after they piled into the bombed-out technology stocks over the past few weeks, only to watch those investments get sold off again after US strikes on Iran triggered a broad sell-off across equity markets.

ASX-listed payments group Zip was Commsec’s most traded stock by individuals for two weeks in a row, closely followed by logistics software giant WiseTech. Data services company Appen has also been among the most bought in February.

Source: https://www.afr.com/markets/equity-markets/retail-investors-pile-into-beaten-up-tech-stocks-and-get-whacked-20260302-p5o6l4