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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Art Cashin explains why stocks are rising despite the civil unrest and what he see's happening nextUBS floor director Art Cashin discussed the state of the stock market after the protests against police brutality and the reopening of many businesses after coronavirus lockdowns. Pro (it's because Jews get richest during war and they're ginning hard for war) Pro There Will be nothing to go back to! Pro Because of the utter stupidity of the buy the dip morons who watch Constant Nasdaq Bullish Charlatan channel and the FED criminality of the last decade thanks to their political elite enablers
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Stocks open higher as investors hope for economic recoveryU.S. stock indexes move higher following broad gains in global markets as investors hope that the gradual lifting of coronavirus lockdown mandates will put economies ravaged by the outbreak on the path to recovery. FED is buying. It is called market manipulation. Heh. Communist Democrats are losing their shit right now. Their paramilitary arm, Antifa, has failed to turn the economy. Worse, they've exposed the connections between the open insurrection and the Democrats. Military Tribunals will be fun to watch! Powell’s printer machine goes brrrrrrr🤑
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