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The new money game: How hordes of traders flooded the market and pushed brokerages to rethink how they handle rookie investors

mysterious nature of investing and retail trading 2x1

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At the start of the pandemic, Maya wasn’t paying too much attention to investing. But some of her friends — bartenders and DJs whose work dwindled during a period of social distancing — were. With extra time on their hands, they opened accounts on the startup brokerage Robinhood.

“They would start tweeting at each other all of these acronyms and dollars and rocket ships,” Maya, who declined to share her last name for professional reasons, told Insider. “And I’m like, ‘What? I don’t understand what’s going on.'”

Then GameStop happened. At the height of the details ⇒

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