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Controversial Trader John Fife's Investment in Algorhythm Triggers $17bn Trucking Rout

Controversial trader John Fife, described as a penny stock investor, invested in Algorhythm—a former karaoke company—months before its AI announcement triggered a surge in its share price and subsequently caused a $17 billion market panic in the trucking sector.

30 Mar, 04:00 — 30 Mar, 04:00
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FTVery High9d ago

The karaoke company, the penny stock investor and the $17bn trucking rout

Controversial trader John Fife invested in Algorhythm months before its AI announcement triggered a surge in its share price and a market panic

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