Why Robinhood Investors Are Buying More of This Stock
By now, many investors are following the short squeeze saga with Reddit group r/wallstreetbets and the meme stocks on its shortlist (pun intended), if not actively fueling it. Free trading app Robinhood, which filed to go public last week, is tied to the story as the platform many activist investors use to drive up meme stock prices.
That's why Robinhood investors are making AMC Entertainment (NYSE: AMC) stock one of their biggest holdings. Let's take a deeper dive and see if you should get in on the action.
Image source: Getty Images.
Source Fool.com
