3 Bubble Stocks Robinhood Investors Keep Chasing [The Motley Fool]
SNDL Inc. - Common Shares (SNDL)
Company Research
Source: The Motley Fool
00 was an eventful year for the stock market. It gave us the fastest bear market crash in history, a brief turn negative for West Texas Intermediate crude oil futures, and an all-time high for theCBOE Volatility IndexDespite this record-breaking chaos, millennial and novice investors were unfazed. Online investing app Robinhood, which has an average user age of only , gained approximately million new users in 00.However, Robinhood investors have also developed quite the reputation on Wall Street for chasing momentum, no matter how pricey a company was perceived to be. In recent weeks, the following three bubble stocks have lured Robinhood investors.Image source: Getty Images.NIOArguably the most hyped-up stock on Robinhood is electric-vehicle (EV) manufacturerNYSE:NIOnearly ,00% return over the trailing yearThis overwhelming interest in NIO primarily ties into the mammoth long-term potential of EVs in China. By 0, approximately half of all vehicles sold in the largest auto market in
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SNDL
News
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024PR Newswire
- SNDL Inc. (SNDL) Now Trades Above Golden Cross: Time to Buy? [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis Conferences [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis ConferencesPR Newswire
SNDL
Sec Filings
- 4/15/24 - Form S-8
- 4/9/24 - Form 6-K
- 4/2/24 - Form 6-K
- SNDL's page on the SEC website