Robinhood is among the hottest inventory buying and selling platforms for retail merchants, particularly these new to the market. The platform highlights some information on its app, together with essentially the most held shares and ETFs. Here’s a have a look at essentially the most held shares on the platform.
What Occurred: The Robinhood app from Robinhood Markets (NASDAQ: HOOD) is among the hottest inventory buying and selling apps. Many buyers maintain a variety of shares, ETFs and cryptocurrencies on the app.
Via March 25, 2022, listed here are the ten most generally held shares by Robinhood customers:
- Apple Inc (NASDAQ: AAPL)
- Tesla Inc (NASDAQ: TSLA)
- AMC Leisure Holdings (NYSE: AMC)
- Ford Motor Co (NYSE: F)
- Sundial Growers (NASDAQ: SNDL)
- Amazon.com Inc (NASDAQ: AMZN)
- Microsoft Corp (NASDAQ: MSFT)
- The Walt Disney Co (NYSE: DIS)
- NIO Inc (NYSE: NIO)
- Meta Platforms (NASDAQ: FB)
Rating simply outdoors the highest ten most held shares for the week have been Netflix Inc (NASDAQ: NFLX), Pfizer Inc (NYSE: PFE), NVIDIA Corp (NASDAQ: NVDA), American Airways Group (NASDAQ: AAL) and Snap Inc (NYSE: SNAP).
Why It’s Vital: Wanting on the most generally held shares at a well-liked inventory brokerage will help present which shares are most popular by retail merchants. The checklist reveals many standard and excessive valued firms like Tesla, Apple, Amazon and Microsoft.
The inclusion of AMC on the checklist reveals that buyers are nonetheless betting on the turnaround story of the movie show firm, and it may very well be value monitoring how the inventory ranks on the checklist all through the summer season blockbuster film launch schedule.
Hashish firm Sundial ranked fifth to finish the week, and the location comes after hashish shares shot up in worth late final week on information of a possible federal legalization invoice.
Tesla, Meta Platforms, Apple and Amazon have been additionally ranked as high ten shares searched throughout Benzinga Professional for the month of February.
Robinhood ended the fourth quarter with 22.7 million funded accounts and 17.3 million month-to-month energetic customers.
HOOD Value Motion: Robinhood shares have been down 4% to $12.39 on Friday. Robinhood shares are down over 60% since their July 2021 IPO.
Picture: Courtesy of Various Inventory Images on Flickr
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