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单词 Stock promoter
释义

Stock promoter

英语百科

Stock promoter

A stock promoter is someone who promotes a stock, either to sell it as part of an IPO, or to persuade others to purchase in the secondary market so that its price goes up. This is often done as part of a market manipulation scheme known as pump and dump where the price is artificially driven higher so that promotor can sell their own shares at a profit. This is considered securities fraud and illegal in most jurisdictions.

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