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speculative investing

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Retail Investors Increase Purchases After Shoe Company Announces AI Business Shiftfoxtrotalpha.jalopnik.com
finance49 days ago

Retail Investors Increase Purchases After Shoe Company Announces AI Business Shift

Shares of a shoe company surged after it announced plans to rebrand and shift toward artificial intelligence (AI) computing infrastructure. Retail investors purchased a record $5.2 million in shares in one day, exceeding demand during the company’s 2021 IPO. The stock later decli…

CNBC
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