Robinhood Is Building a Social Network for Following Market Movers’ Trades
Social media has an unprecedented sway over stock prices. Financial influencers give stock advice on YouTube and TikTok. Trading communities on X and Reddit resurrect financially undesirable stocks from their ashes just for the sake of memes. It’s undeniable that a growing subset of investors are adamant on using platforms like X, Reddit, YouTube, and TikTok to make their financial decisions. The X-based finance community even has a name for themselves: FinTwit. Popular online brokerage Robinh