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Robinhood starts trading this week. Many Reddit investors aren’t interested

[CNBC, Getty Images] Robinhood’s initial public offering (IPO) is scheduled for Thursday, and the investing app is betting big on its users by letting them buy up to a third of its shares before it begins trading on the Nasdaq. But on forums including Reddit, Twitter and other social platforms, the individual investors and traders who would […]

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Apple just announced a stock split — here’s what that means for investors

[CNBC] During its third quarter earnings results on Thursday Apple said that the company’s Board of Directors approved a four-for-one stock split. Stock splits are cosmetic, meaning they do not change anything about a company’s underlying fundamentals. They can lead to renewed interest from smaller investors by making the shares — which are now cheaper — more accessible. […]

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This is the most expensive time to buy stocks in 20 years

[CNN Business] (New York) The US stock market stands 4% higher today compared to a year ago, despite the death and destruction unleashed by the coronavirus pandemic.Although more than 80,000 Americans have died and over 33 million have lost jobs, Wall Street has swiftly recovered from the initial shock delivered by the health crisis. The S&P 500 has spiked 31% […]

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