Robinhood and Covid-19 brought millions of new traders to Wall Street
Retail trading is having a resurgence as young investors enter the stock market for the first time. While the Covid-19 pandemic and stay-at-home orders left investors with more time to trade, Robinhood increased accessibility to the market with its zero-commission trading. The app-first trading platform pushed other brokerages to cut fees and racked up millions of users. As Robinhood has grown in popularity, it has met a series of challenges.