Retail Investors Buy Stocks in Mass, Fueling Fears of a Wall Street Bubble
Retail investors are buying stocks wholesale and driving up share prices, a dynamic that is spooking some veteran Wall Street analysts and observers. According to data released this week, Citigroup’s index of stocks most favored by individual investors, which includes SoFi Technologies, Riot Platforms and Facebook parent Meta, has risen 30% since the beginning of…