Robinhood users’ favourite stocks roar back after selloff

This translation has been automatically generated and has not been verified for accuracy.Shares of airlines, cruise lines and other companies that have been popular with investors on the Robinhood trading app shot higher on Friday, a day after stocks suffered their worst one-day market rout in about three months.

The bounce was part of a broader equity rebound: The S&P 500 was recently up around 1.7%, after notching its worst loss since March the day before.Retail investors have grabbed the spotlight in recent months, as markets have rallied in the middle of the coronavirus pandemic. Mark Travis, a portfolio manager at Intrepid Capital, has stayed away from airlines and other stocks that appear to have drawn retail buyers.

Others, however, have doubts whether retail investors have been a major force in a rally that has seen the S&P 500 climb around 40% from March lows.

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