Mom and Pop Are On Epic Stock Buying Spree With Free Trades
- Ameritrade’s million-trade days in quarter exceeds all of 2019
- Brokerage volume explodes as hot stocks like Tesla lure money
This article is for subscribers only.
Small investors are back. In a big way.
Their fingerprints are on Apple Inc.’s staggering rally. They piled into Tesla Inc. as it tripled, and turned speculative fliers like Virgin Galactic Holdings Inc. into some of the most heavily traded shares in the country. Why the enthusiasm? Some see a link to decisions by brokerages to cut commissions on trades to nothing.