Significant Trading Activity Unfolds
The iShares Expanded Tech Sector ETF, under the ticker symbol IGM, is witnessing remarkable trading activity this Tuesday afternoon. The number of shares traded has soared to over 218,000, a stark comparison to the average daily volume of 61,000 shares over the past three months. Despite this surge, the value of IGM shares has dipped by 1.5% during the trading day.
Noteworthy Components in Focus
Among the components of the IGM ETF, Advanced Micro Devices stands out with a plunge of around 4.5%, leading to a substantial trading volume of over 32.3 million shares changing hands so far. Similarly, Palantir Technologies is experiencing a decline of about 2.6%, with a trading volume exceeding 24.5 million shares. In contrast, Blackberry is demonstrating resilience and is up by approximately 4.9% in Tuesday’s trading. On the other hand, Marathon Digital Holdings is struggling, trailing other components of the iShares Expanded Tech Sector ETF by trading lower by about 8.8%.
VIDEO: Tuesday’s ETF with Unusual Volume: IGM
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