Young investors are piling into Snapchat but they’re overlooking a huge issue (SNAP)
|04/19/2017||Posted by BusinessMediaguide.Com under General World News||
Young investors are piling into Snap.
The firm is among the top stocks of investors under 30 on the mobile trading app Robinhood. And the brokerage firm TDAmeritrade attributed a boost in activity during the first quarter of 2017 to a high number of Snap trades fueled by first-time traders.
In many ways, that’s not surprising. Snapchat’s users skew younger, and many individual investors like to invest in companies they interact with as consumers. For example, Facebook and Netflix, two other millennial favorites, are also popular on Robinhood.
But in one respect, Snapchat is very different from Netflix, read more >>>