Robinhood, the commission-free brokerage platform that is popular with Generation Y, has noticed an increase in transaction volume as the inventory market entered a volatile era due to the coronavirus pandemic.
Robintrack is a platform that uses Robinhood’s API knowledge to track the number of Robinhood users who own a specific inventory over time. The platform evolved through a high school student and has noticed a resurgence in popularity in recent months.
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Knowledge helps identify the actions for which investors are:
Knowledge is also for investors opposed to what exists to move the opposite of the existing herd and identify popular stocks to sell short-term or unpopular stocks to buy in the long run.
Here are the 10 Robinhood shares that experienced the largest increase in user ownership during the following week, according to knowledge taken from Robintrack on Monday afternoon.
Robintrack.net
Walmart, the tenth most popular name added to Robinhood’s accounts in the week that followed.
Robin continued that 15,975 Robinhood accounts bought shares in the company during the following week, bringing the total to 93,649 on Monday.
The 20% increase in Walmart’s Robinhood account ownership was accompanied by a more than 8% increase in the percentage price, indicating that Robinhood investors buying the inventory are in full FOMO.
Robintrack.net
Novavax, the ninth most popular inventory added to Robinhood accounts in the following week.
Robin followed that 17,984 Robinhood accounts bought shares in the company during the following week, bringing the total to 74,791 on Monday.
Novavax soared a week after winning a US government$1.6 billion contract.
Eighth Microsoft
Robintrack.net
Microsoft is the eighth most popular name added to Robinhood accounts in the following week.
Robin continued that 25,037 Robinhood accounts bought shares in the company during the following week, bringing the total to 526,766 on Monday.
Seventh Everi
Robintrack.net
Everi, the seventh highest popular name added to Robinhood’s accounts during the following week.
Robin continued that 25,236 Robinhood accounts bought shares in the company during the following week, bringing the total to 77,818 on Monday.
Sixth Netflix
Robintrack.net
Netflix is the sixth most popular name added to Robinhood accounts in the following week.
The video streaming company was updated through Goldman Sachs last week because it announced that the company could grow by up to 32%.
The 19% increase in Netflix’s Robinhood account ownership was accompanied by a more than 12% increase in the percentage price, indicating that Robinhood investors buying the inventory are in full FOMO.
Fifth apple
Robintrack.net
Apple is the fifth most popular name added to Robinhood accounts in the following week.
The 7% increase in Apple’s Robinhood account ownership was accompanied by a more than 4% increase in the percentage price, indicating that Robinhood investors who purchase inventory will complete FOMO.
Fourth Amazon
Robintrack.net
Amazon is the fourth most popular name added to Robinhood accounts in the following week.
The 13% accumulated in Amazon’s Robinhood account ownership accompanied by a more than 5% increase in the percentage price, indicating that Robinhood investors who purchase the inventory are in full FOMO.
3. Spartan energy
Robintrack.net
Spartan Energy, the third major popular name added to Robinhood’s accounts in the following week.
Robin continued that 49,104 Robinhood accounts bought shares in the company during the following week, bringing the total to 49,720 as of Monday.
The 7.971% accumulated in Spartan Energy’s Robinhood account ownership accompanied by a more than 40% increase in the percentage price, indicating that Robinhood investors buying the inventory are in the middle of FOMO.
2. Nio
Robintrack.net
Robin continued that 68,008 Robinhood accounts bought shares at the company in the following week, bringing the total to 283,133 on Monday.
The 32% accumulated in the ownership of Nio’s Robinhood account accompanied by a more than 27% increase in the percentage price, indicating that Robinhood investors who purchase the inventory are in full FOMO.
1. Tesla
Robintrack.net
Robin continues that 80,730 Robinhood accounts bought shares at the company in the following week, raising the total to 450,368 on Monday.
The 22% increase in Tesla’s Robinhood account ownership was accompanied by a more than 22% increase in the percentage price, indicating that Robinhood investors who purchase the inventory are in full FOMO.