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Today's Market

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DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 1.24 0.06%
NASD 5,127.53 11.38 0.22%

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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