Fidelity Expands IPO Access; Semiconductors at Oversold Levels
Fidelity lowered its retail IPO participation minimum to $25K, noted by multiple sources as a democratization milestone. Separately, $SMH semiconductor ETF RSI is at 31 — below March 2026 lows — with traders calling for an imminent institutional scoop.
What we know
Fidelity announced it is reducing the eligibility minimum for IPO participation to $25,000 in retail assets, flagged by both an account on X (48 likes) and another account on X. NYSE is also extending options trading hours for select ETFs and tech stocks, with equities to follow in December. On the technical side, another account on X notes $SMH RSI has fallen to 31 — below the March 2026 low of 34 — while price is 179 points higher, flagging a historic oversold divergence and expecting institutional buying near 500–515.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.