Robinhood’s 2020 Recaps Are a Meme for a Volatile Year - News Summed Up

Robinhood’s 2020 Recaps Are a Meme for a Volatile Year


In 2020, wild fluctuations in the stock market caused by the pandemic turned millions of people into opportunistic investors. After stocks plunged in March, experienced traders and Nasdaq novices poured their dollars into buzzy tech companies like Tesla and Zoom, as well as businesses bludgeoned by Covid restrictions, including airlines, restaurants and cruises. To reflect a year of volatility and impulsive investments, Robinhood, the popular trading app that has spurred controversy by marketing itself to young people, released a year-end data dump for its users. Some people praised the recap’s aesthetic and said they enjoyed finding out how early they were to adopt Robinhood. “We’ve been delighted to hear from many customers who enjoyed taking a look back at their year in investing, from saving screenshots of their recaps to sharing on social media,” a company spokesman wrote in an email.


Source: New York Times December 24, 2020 21:18 UTC



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