Site icon Brief News

Millennials are snapping up Amazon ahead of earnings (AMZN)

Jeff BezosREUTERS/Rex Curry


Young investors are loading up on Amazon ahead of the e-commerce giant’s earnings report on Thursday, data from the stock-trading app Robinhood shows.

Three thousand investors loaded up on the stock in the past week, making it the 13th most popular name on the app, which skews much younger than traditional brokerages. Eighty-four thousand users currently hold the stock, according to Robinhood’s website, up from 69,000 when Business Insider first began tracking the data last month.See the rest of the story at Business Insider

NOW WATCH: Why Rolex watches are so expensive

See Also:

SEE ALSO: Read Amazon’s full response to the ACLU report about its facial recognition software misidentifying members of Congress as previously arrested

Exit mobile version