Move Over, Tesla: There's a New Most-Held Stock on Robinhood

In a little over four months, when the curtain closes on 2021, it'll undoubtedly be remembered as the year retail investors asserted themselves on Wall Street. Even though retail investors have been putting their money to work on Wall Street for more than a century, they've never had such a demonstrable effect on equity prices as they have since January.

In particular, retail investors have flocked to Robinhood (NASDAQ: HOOD), the online investing app that went public less than four weeks ago. As market volatility picked up in 2020 and early 2021, Robinhood had little issue coercing retail investors to join its platform.

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Source Fool.com