Robinhood Investors Are Scooping Up Fractional Shares of These 5 Stocks
Robinhood is changing the way people invest, largely by targeting younger and beginning investors and making it really easy to trade stocks.
One way the online trading platform has done that is to offer fractional shares. And investors are taking advantage of the opportunity in droves. In fact, while the brokerage won't disclose the number of customers trading fractional shares, it did admit that millions had joined a waiting list for this trading method before the feature was rolled out.
Not all stocks are equally popular with Robinhood traders, though. In fact, a company spokesperson identified five stocks most commonly traded by those purchasing fractional shares -- and you'll probably already recognize them as household names.
Source Fool.com
