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Benzinga
Benzinga
Business
Phil Hall

Survey: 38% Of Americans Pulled Money From Stock Market During Past Year

Nearly four in 10 investors pulled their money from the stock market over the last year in response to current events, according to a new survey from MagnifyMoney, a subsidiary of LendingTree (NASDAQ:TREE).

What Happened: In a poll of 1,050 U.S. adults conducted from April 15-20, 38% of respondents said they withdrew from the stock market based on the news. Of that group, the most likely to exit the stock market were Gen Zers (67%), millennials (57%) and men (49%).

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