This Popular Robinhood Stock Is Poised for a Huge Sell-Off
Robinhood wants to be a stock-trading platform for the masses. The service popularized the idea of commission-free trades, forcing other online brokerages to follow suit and drop their own trading fees. "We're on a mission to democratize finance for all," Robinhood shouts in large letters on its "About Us" page.
The service is on a mission and I love the idea of providing investing tools for everybody. At the same time, Robinhood's user base includes a large number of inexperienced investors. You have to start somewhere, but beginners make a lot of mistakes. For example, some of Robinhood's most popular holdings are overly risky stocks like movie theater chain AMC Entertainment Holdings (NYSE: AMC).
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Source Fool.com
