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Stock Market News

Stock Market News

A courtroom setting with Morgan Stanley representatives on one side and Keith Gill (Roaring Kitty) on the other. In the middle, a large scale balancing GameStop stock certificates on one side and social media icons (YouTube, Reddit) on the other. The scene conveys a legal battle over market manipulation.

E*Trade and Roaring Kitty: Market Manipulation Accusations and Implications for Investors

E*Trade, owned by Morgan Stanley, is considering removing Keith Gill, also known as Roaring Kitty, from its platform due to accusations of market manipulation. Gill, famous for his role in the GameStop stock surge, is alleged to have influenced the stock’s price through his social media activities. This move raises significant questions about the power of social media in financial markets and the responsibilities of influential investors. For those in real estate, this scenario underscores the relative stability of property investments compared to the volatile world of stock trading.

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