Apple Has Been Dethroned as Robinhood's Top Holding: Here's What Replaced It

Sean Williams, The Motley Fool
·6 min read
Apple Has Been Dethroned as Robinhood's Top Holding: Here's What Replaced It

Although we still have eight and a half months before we close the curtain on 2021, there's a very good chance this year is remembered as the time when retail investors made their presence known on Wall Street. The average age of Robinhood's user base is only 31. On the other hand, Robinhood investors have a history of chasing penny stocks, momentum plays, or businesses that aren't fundamentally sound.