Markets

Robinhood traders are not behind the market’s recent rally, Barclays says

Since recent market lows in March amid the coronavirus meltdown, retail traders have been jumping into stocks via zero-fee brokers such as Robinhood, fuelling a popular narrative that new retail investors are driving the stock market’s recent rally. A recent analysis by Barclays using Robintrack data found that there is […]
Robinhood traders are not behind the market’s recent rally, Barclays says