Millennial-favored trading app Robinhood saw a flood of new clients during the Covid-19 market sell-off and many clients were buying into the same pandemic-related stocks.
"We see a lot of buying activity of specifically industries that were impacted by the pandemic," Robinhood co-founder Vladimir Tenev said at the Piper Sandler Global Exchange & FinTech Conference on Wednesday.
Pro Buy $RIOT
Pro EXTRA, EXTRA Read all about it. Trump Stumped in landslide victory by Biden!
Pro Or just subscribe to robintrack
Pro Nailed it? They’ve been on a tear. I think Robinhood performance has been better than expected?
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