This Stock's Explosive Earnings Growth Isn't Over
It's hard to compare 2021 to last year when it comes to stock market volatility. The pandemic-driven crash, which was followed by an explosive recovery, caught even the most seasoned investors by surprise. New, first-time traders flooded the markets in numbers that pushed trading volume to record highs, but many pundits predicted it would dissipate when the pandemic subsided.
Interactive Brokers (NASDAQ: IBKR) just delivered an earnings result that suggests the increased market participation has legs. The trading platform operator now has over 1.4 million client accounts, which is 61% more than the same time last year. With those customers holding over $363 billion in cash and assets, Interactive Brokers has a big opportunity ahead.
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Source Fool.com
