In July this year, American retail investors turned American junk stocks into potential stocks.
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2023-08-08 17:55:05
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Recently, U.S. retail investors have been on the rise in U.S. stocks, speculating on the share prices of some companies that are almost heading for bankruptcy.。For example, the latest stock to be hyped by retail investors is called Tupperware Brands Corporation (Tupperware Brands Corporation).?Since April, the company's executives have been warning investors that it was on the verge of collapse.。At the end of June, the company was already severely insolvent and struggling to run。It's fair to say that institutional investors won't take a second look at a company like this with such a poor financial situation, but it's just that such a company is favored by retail investors.。Figures show retail investors have bought $15 million worth of Tupperware shares since July 21, when the near-bankrupt company was valued at just $40 million.。However, since the retail army bought it, the company's market capitalization has grown nearly sixfold to a staggering 2.$3.9 billion。Like Tupperware, by retail investors will be the so-called "junk stocks" into "potential stocks" there are many examples, these stocks soared behind the army of retail investors in the U.S. stock market rampage.。Statistics show that in July this year, the average amount of capital injected into the stock market by retail investors in U.S. stocks was as high as 12 per day..$700 million, close to historical record。Surprisingly, with such a large investment, the overall returns of these retail investors are pretty good, according to the investment firm Roundhill Investments built to track retail concept stocks ETF, the index has risen 60% so far this year, even higher than the benchmark S & P 500 index of about 18% over the same period, can only say that the market is round, everything is possible, in the market, institutions have the ability to make money, retail investors also have the ability to live。
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