Retail Investors Have Ceded the Driver's Seat to Institutional Heavyweights
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This time last year, retail investors were busy throwing metaphorical Molotov cocktails into daily markets -- they piled in on meme stocks like AMC, Koss, and Bed, Bath, and Beyond. They drove Gamestop's share price up 1,500% and bankrupted a London hedge fund while causing Wall Street's Melvin Capital to lose $6.8 billion in the process.
So what are they up to in early 2022? New data says that, so far, retail investors are taking a relative chill pill.
Source Fool.com