Investments

Robinhood clients bought into these stocks during the coronavirus market rout

Robinhood clients bought into these stocks during the coronavirus market rout

(This story is for CNBC Pro subscribers only.)

Younger investors jumped at the opportunity to make money off of the coronavirus sell-off. 

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 and co-CEO Vladimir Tenev said at the Piper Sandler Global Exchange & FinTech Conference on Wednesday. 

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close