📊 Trading activity in software stocks is surging. Turnover in the Tech-Software ETF ($IGV) reached ~$10.96B on Friday, over 5x the 200-day average and 3.5x the 50-day average. This follows a recent record ~$13.23B session, well above the ~$5.8B peak in early 2021. The spike comes as the selloff in software continues, with $IGV down ~22% YTD, trading near its lowest since Apr 2025. Expect elevated volatility in software names. 📉

📊 Trading activity in software stocks is surging.

Turnover in the Tech-Software ETF ($IGV) reached ~$10.96B on Friday, over 5x the 200-day average and 3.5x the 50-day average.

This follows a recent record ~$13.23B session, well above the ~$5.8B peak in early 2021.

The spike comes as the selloff in software continues, with $IGV down ~22% YTD, trading near its lowest since Apr 2025.

Expect elevated volatility in software names. 📉