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by voidfunc 1884 days ago
Probably a small but not insignificant loss. I don't think the WSB / Memestock users are the majority of the platform. For a lot of people I know RH still has the best feeling UX and easiest access for simple investing.

I think they're fine but if pessimism means the stock takes a haircut or dive when it starts trading I'm going to buy-in. There really is not a similar investing app that appeals to the Gen-Z / Millenial market as well as Robinhood does.

1 comments

Absolutely this. Too many people overfocus on the $0 trading fees because that is how Robinhood initially differentiated itself, but it is absolutely the experience that is keeping people today.

$0 fees have been commonplace for a few years now.