10,000 Day Traders An Hour Buying TSLA

Sharing is Caring!

Ten Thousand Day Traders an Hour Are Buying Tesla Shares
By Sarah Ponczek
July 13, 2020, 12:20 PM PDT Updated on July 13, 2020, 1:34 PM PDT

Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.

We are primarily funded by readers. Please subscribe and donate to support us!

The frenzy in interest means that as of the end of Monday’s trading session, there are now roughly 457,000 users on the Robinhood app that hold shares of the company in some form. That makes it the 10th-most popular stock on the platform, ahead of even Amazon.com Inc., which is held by 358,000 users.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.