Robinhood Investors Are Head-Over-Heels in Love With This Trend

Robinhood Investors Are Head-Over-Heels in Love With This Trend

Robinhood, the online investing app known for offering commission-free trades and giving shares of stock to new users, added roughly 3 million new users in 2020. This is noteworthy given that the average age of Robinhood's users is 31. On Wall Street, the phrase "Robinhood investor" has become synonymous with young traders chasing momentum or penny stocks, rather than quality companies.