THE IMPULSIVE CROWD AS A NEW WAY OF MANIPULATING THE STOCK MARKET

Abstract

The phenomenon of the confrontation between novice investors and institutional investors, expressed through the manipulation of the market by an impulsive crowd, is considered. The lawfulness of the actions of the participants of the events on the part of physical investors acting under the leadership of several people who had direct benefit from changes in the value of specific securities, in particular, shares, was studied. The probability of a similar situation in the Russian reality is estimated, taking into account the fact that the coronavirus pandemic has affected the level of income of citizens and the activation of their participation in the stock exchange.