Apes

Apes is a term used to refer to a group of retail investors who coordinate online, often on platforms like Reddit, to collectively buy stocks or other assets, typically to drive up their prices.

Why it’s in the news: The term is in the news as it represents a significant, modern force in financial markets, capable of influencing stock prices and challenging traditional investment strategies.

Latest on Apes

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• Vietnam's TMT Motors to roll out one of country's cheapest EVs at $5,650
• Member of syndicate that distributed vapes from Malaysia islandwide gets jail, fine
• How our perception of pain shapes our response to life

Connections

1 entities linked to Apes across the news graph.