The retail investors that sent an insurtech's stock soaring

Stock market

The ‘meme stock’ phenomenon that began in January when the share price of American video game retailer Gamestop was sent soaring by non-professional investors corralling on internet forum Reddit reached the world of insurance last month. Harry Curtis looks at what impact it had.

In June, Clover Health – a US health insurtech – joined the likes of Gamestop, cinema chain AMC and Blackberry on the list of companies that have captured the imagination of large internet amateur

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