pump-and-dump

British  

noun

1. the practice of buying shares, generating favourable publicity about them, especially on the internet, then selling them when the price accordingly rises

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Example Sentences

Regulators are investigating small-capitalization IPOs on Nasdaq due to concerns over potential pump-and-dump frauds.

From Barron's

But Nasdaq’s IPO laurels were blighted by a swarm of tiny offerings that left investors with steep losses and prompted investigations by regulators concerned over potential pump-and-dump frauds.

From Barron's

“His calculated ‘pump-and-dump’ schemes repeatedly wiped out employee and investor value.

From Los Angeles Times

This summer, the Federal Bureau of Investigation reported External link a 300% increase in complaints about pump-and-dump frauds.

From Barron's

The SEC and Finra are investigating China-based offerings and underwriters, while the FBI reported a 300% increase in pump-and-dump fraud complaints.

From Barron's