Retail investor pessimism rises to highest since November 2023, AAII survey shows
Almost half of all Main Street investors responding to a weekly survey from the American Association of Individual Investors are bearish on the outlook for stocks over the next six months, the largest number since November 2023. Pessimism rose to 47.3% in the survey out Thursday, from 42.9% last week and the most since 50.3% in late 2023.
The historical average for bearishness is 31.0%.
Only 28.4% of individual investors responding to the survey described themselves as bullish, down from 33.3% last week but only the lowest reading in a month. The historical average for optimism toward stocks is 37.5% over the life of the survey, which dates to the mid-1980s. The remainder of respondents are neutral toward stocks.
Nearly three out of five investors, or 57.4%, believe tariffs will slow the economy and raise prices, according to a special question asked by AAII. About a fifth, or 20.4%, think they’ll have “a temporary impact but not a lasting one,” while 12.5% said tariffs “will eventually lead to a stronger domestic economy.” About 10% saw no to limited effect, or had no opinion.
— Scott Schnipper
Stock making the biggest moves after hours: GameStop, Coinbase and more
These are the stocks moving the most in after-hours trading:
- GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar with the matter told CNBC.
- Coinbase — Shares of the cryptocurrency marketplace rose nearly 1% after fourth-quarter earnings outpaced expectations.
- Airbnb — Shares soared 12%. The vacation rentals company earned 73 cents per share on $2.48 billion in revenue in its fourth quarter. Analysts had penciled in earnings of 58 cents and revenue of $2.42 billion, according to LSEG.
Read the full list of stocks moving here.
— Lisa Kailai Han
