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Robinhood traders trimmed several Big Tech positions during Friday’s rally, even as monthly data showed net buying. The shift suggests some retail investors took profits after buying earlier weakness.

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00:00It's Benzinga, bringing Wall Street to Main Street
00:02Robinhood traders sold several big tech stocks Friday even as the shares moved higher, suggesting
00:07some retail investors use the rally to trim positions, according to Benzinga. Tesla rose
00:11more than 5%, Alphabet gained about 1.6%, and Amazon added roughly 1.3%, while each
00:17posted a 1-day buy-slash-sell ratio below 1. Their 1-month ratios remained above 1,
00:22indicating net buying over the broader period. Broadcom showed a similar split, with a 0.62
00:281-day ratio and a 1.101-month ratio. The shift came one day after Robinhood reported its largest
00:34ever 5-day net purchase streak in individual stocks, pointing to traders buying weakness
00:39earlier in the week before taking some gains Friday.
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