17 days ago • Posted by Martin Boujol
Brokerage account openings are soaring
Despite all the backlash and criticism it endured, Robinhood added 600'000 accounts on Friday of last week, in the midst of the GME chaos. Many other brokerage saw an uptick, among which Webull, Sofi, Coinbase, Schwab, Fidelity, as you can see on the chart. Seems like retail investors still hope to make something out of their stimulus check. The show might not be over just yet.
Source: JMP Securities