Robinhood users are gravitating towards loss-making companies

Can Robinhood users actually call themselves Robinhood’s, or is it just another tool for the rich to rob the average Joe? In this series we’re diving deep into Robinhood’s public data, to uncover insights on its users’ activity. Welcome to part 1, where we give a general intro into the series, and touch the surface of the data. The Robinhood app has experienced a meteoric rise since 2013. Thanks to its revolutionary zero-fee trading model and easy-to-use interface, it’s accumulated over 4 million US users, and forced the whole brokerage industry to rethink its business model. Notably, US bank Charles…

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source https://thenextweb.com/insider/2019/11/07/robinhood-users-are-gravitating-towards-loss-making-companies/