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3 Robinhood Stocks That Could Plummet 69% (or More), According to Wall Street

Sean Williams, The Motley Fool
·6-min read
3 Robinhood Stocks That Could Plummet 69% (or More), According to Wall Street
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Online investing app Robinhood, which is known for offering commission-free trades, fractional share investing, and gifts free shares of stock to new members, have been particularly adept at luring millennial investors. The average age of its user base is only 31, and Robinhood added an estimated 3 million new members last year. Instead of buying brand-name or innovative businesses, millennials and novice investors have been chasing momentum plays and penny stocks.