With a booming stock market and a lack of better options to park money, retail investors continued to opt for mutual fund investments in May, show the data from the Association of Mutual Funds in India (AMFI).
Futures tread water, meme stocks set to extend gains yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
US STOCKS-S&P 500 flirts with record high, meme rally rolls on yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Data showed four of eight stocks, where retail investors hiked stakes by over 100 basis points during the March quarter, delivered negative returns between 18 per cent and 44 per cent.
Sundial Growers (NASDAQ:SNDL) is down about 37% since I last wrote about it in March. That’s a bitter pill for bull-minded retail investors who remain committed to the company. But it has to be music to the ears of those equally passionate investors driving up short interest in SNDL stock. Source: Shutterstock Presently trading at $1.10, SNDL stock falls into the penny stock category. And as such it has attracted the attention of a committed group of retail investors known as the Redditors. Sund