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Today's Market

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DOW 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASD 4,538.55 6.45 0.14%

Community: Investing Wiki

Term Of The Hour

Pump and dump: Pump and dump is slang for an illegal stock manipulation scheme in which a shareholder encourages others to buy his/her stock. Then when the price goes up due to the increased demand, the person sells it.

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