Value-oriented shares on Wednesday closed flat, outpacing a 1.4% decline in growth stocks, which include tech shares. American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday's trading session in Manhattan in New York City, New York, U.S., January 28, 2021. By being unaware of the high level of risk involved in these social media-led activist investment campaigns, people are playing a potentially very costly game," Nigel Green, the CEO of $12 billion advisory deVere Group, said in a note Wednesday morning of the recent retail-led rise in stocks like GameStop and Viacom. The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Extreme caution should be exercised before joining stock frenzies of this nature.
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