Apple Has Been Dethroned as the Most Held Robinhood Stock: Here's What Replaced It
Last year, retail investors made their presence known to Wall Street like never before. Online trading platforms like Robinhood (NASDAQ: HOOD), which have been especially popular among the retail crowd, rolled out the red carpet for everyday investors to put their money to work on Wall Street. When that happened, retail rocked the boat and sent a number of heavily short-sold stocks rocketing higher.
Robinhood offers commission-free trading on the major U.S. exchanges, allows its customers to make fractional-share purchases, and gifts free shares of stock (at random) to new members.
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Source Fool.com
