This week we asked the Invstr Community if they thought the markets were rigged.
55% of investors say they believe the market is rigged against them! Earlier this year, retail traders were furious after brokerages restricted their ability to buy stocks, including GameStop and AMC Entertainment. Retail traders on Reddit sent the stocks to the moon, causing hedge funds who shorted the companies to lose billions of dollars. Amid the frenzy, brokerages restricted retail traders’ ability to buy shares of the two companies. Traders said the market was being rigged against them so Hedge Funds could sell their shares and prosper!
45% of investors say they don’t think the market is rigged against them. These retail traders believe regulations keep the market fair.