The new pump and dumps
Sketchy stocks are soaring… and crashing
Unhedged · Financial Times & Pushkin Industries
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Show Notes
US markets reporter George Steer has been tracking stocks that have soared, then crashed. Some of them might be “pump and dumps”, an old-fashioned style of scam where insiders generate excitement, along with sales of a stock, selling them when the price rises. Today on the show, Katie Martin and Rob Armstrong grill Steer about the schemes. Also, they go long envy and Labubus, and short pepperoni grease.
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Read a transcript of this episode on FT.com
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