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InvestorPlace – Stock Market News, Stock Advice & Trading Tips
Followers of popular Reddit stocks are likely very familiar with Ape Wisdom, the tracker from which the shares below were identified. The name of this site is a nod to the so-called apes, made famous by r/WallStreetBets and other meme retail investing groups. What’s their strategy? There isn’t one unified investment strategy overall. Instead, apes build consensus around specific companies they find compelling, and use their collective capital to influence share prices.
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