Inside Facebook's NZ investor groups

Inside Facebook's NZ investor groups
Facebook investor groups have exploded in popularity. The Sharesies’ Share Club has about 44,000 users.
Dan Brunskill
Online retail investors have become a very big deal over the past year. As demonstrated in recent weeks when millions teamed up to ‘take on Wall Street’ with the GameStop trade.  A trade in which some New Zealanders made, and lost, a lot of money. The swathes of new traders have been praised for “democratising” financial markets, but also held up as a sign the equity market is running too hot.  Even while these traders gather in Facebook groups to swap...

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