By Corey Mann Due to its growing popularity, many novice investors are beginning to buy penny stocks on Robinhood. The California-based company provides a quick and easy platform that is perfect for day traders.
The mobile application itself has caught the attention of millennials. In fact, 40% of Robinhood’s 12 million users are between the ages of 19 and 34.
Popular Penny Stocks on Robinhood
Penny stocks are a staple for many investors on Robinhood and for good reason. However, many young investors aren’t familiar with these types of stock.
What is a penny stock? It’s a small company’s stock that typically trades for less than $5 …read more
