Nvidia Has Ceded Its Spot as the No. 1 Holding on Robinhood to a Company Expected to Skyrocket 900%, According to a Prominent Money Manager
Retail investors' most widely held stock on Robinhood is a company known for its groundbreaking innovation in a number of industries.
Roughly three decades ago, the internet began going mainstream and, in the process, democratized access to information and online trading for everyday investors. Rather than wait for public companies to mail their annual reports, investors had access to income statements, balance sheets, investor presentations, and so much more, at the click of a button.
Not surprisingly, retail investors have grown into a larger percentage of total trading volume on Wall Street over time. While institutional/high-frequency trading still accounts for the bulk of shares trading hands on Wall Street on a daily basis, what retail investors think about equities, and which stocks they buy or sell, is of growing importance.
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