Wall Street Journal: The Social-Media Stars Who Move Markets

Wall Street Journal: The Social-Media Stars Who Move Markets. “Total users at the six top online brokerages, which are used mainly by individual investors, topped 100 million in 2021. At Robinhood Financial LLC, the investing app popular among younger investors, accounts have grown explosively, from 7.2 million in March of 2020 to 18 million a year later, according to company financial filings. Along with the rise of commission-free online trading has come demand for advice at the lowest price in the most accessible place: free, and online. Now, a new generation of Jim Cramers has risen up on social media with massive followings as guides to these market newbies.”

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