GameStop story in January 2021, where young investors saw an opportunity to make money on the GameStop stocks with commission-free trades via the Robinhood platform.
Downloads of the trading app Robinhood grew over five times between December 2020 and January 2021, according to Google Play Store and Apple App Store figures. The number grew from around 651,000 downloads in December 2020 up to around 3.29 million downloads in January 2021. The reason for the increased number of downloads was that the app played a central role in the Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s)
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Airnow. (May 20, 2021). Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s) [Graph]. In Statista. Retrieved April 27, 2024, from https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/
Airnow. "Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s) ." Chart. May 20, 2021. Statista. Accessed April 27, 2024. https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/
Airnow. (2021). Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s) . Statista. Statista Inc.. Accessed: April 27, 2024. https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/
Airnow. "Number of Global Downloads of The Robinhood App from December 2018 to April 2021 (in 1,000s) ." Statista, Statista Inc., 20 May 2021, https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/
Airnow, Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s) Statista, https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/ (last visited April 27, 2024)
Number of global downloads of the Robinhood app from December 2018 to April 2021 (in 1,000s) [Graph], Airnow, May 20, 2021. [Online]. Available: https://www.statista.com/statistics/941809/robinhood-app-monthly-downloads/