By Alexander Osipovich Close Alexander Osipovich Oct. 16, 2020 5:30 am ET On one Thursday in August, more than 10% of all U.S. stock-market trading volume was in shares of Gevo Inc., a little-known renewable-fuels company.
That is why individuals play an outsize role in low-price stocks. Individual investors fueled unusual rallies this year in stocks like Eastman Kodak Co. and bankrupt car-rental company Hertz Global Holdings Inc. Individual trading activity began to soar in late 2019, after the brokerage industry shifted to free stock trades, and it accelerated this year after the coronavirus forced millions of Americans to stay home with little to do.
Webull says about 56% of the U.S. stock trades it has handled this year have been in stocks priced at $5 or lower.
Interesting 🧐 in terms of stocks like $Plug $Home $NIO etc. up by almost 300% due to COVID-19 discounts it makes sense. TimeAndMoney - 😏☕️🦍🇺🇸
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