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Investors Often Buy Wrong Stock Because of Similar Name or Ticker Symbol, Says New Research at Rutgers University-Camden
August 15, 2019
NEW BRUNSWICK, New Jersey, Aug. 15 [TNSresearch] -- Rutgers University issued the following news:

Professional investors are as likely as individual investors to mistakenly purchase the wrong stock by choosing a company with a similar name or stock market ticker symbol, according to new findings by Rutgers University Camden researchers.

Vadim Balashov and Andrei Nikiforov, both assistant professors of finance at Rutgers University-Camden, found that in companies with si . . .

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