Roku Inc.for $1.Robinhood launches commission-free fractional share trading | Don't forget to claim your FREE Stock!

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Roku Inc.for $1.Robinhood launches commission-free fractional share trading | Don't forget to claim your FREE Stock!

Post by Fishbone » Wed Dec 18, 2019 6:17 am (19.11 KiB) Viewed 330 times ... index.html
Matt Egan, CNN Business
Updated 6:52 PM ET, Fri December 13, 2019

New York (CNN Business) Robinhood's free-trading ethos turned the online brokerage industry on its head.

Established players were forced to rewrite their business models by abolishing commissions. The extreme disruption even prompted the blockbuster merger of industry leaders Charles Schwab (SCHW) and TD Ameritrade (AMTD).
Robinhood, the zero-commission online broker that recently surpassed 10 million users, is celebrating the rapid change it helped usher in."Robinhood pioneered commission-free investing in stocks," Vlad Tenev, Robinhood's co-CEO, told CNN Business. "We can be really proud of not just creating a world where our own customers don't pay commissions, but customers of other brokerages have benefited as well."Robinhood launched six years ago with a no-commission promise and a desire to focus on millennials. It's now viewed as a potential candidate to go public in 2020. - New Robinhood accounts receive 1 FREE stock share 100% guaranteed from Robinhood ... Plus you receive your own referral link where each referral earns you 1 Free stock share. One Free share for you and one for your referral! From now till December 31 you also receive 1 bonus share for your first 3 referrals ..... 3 + 1 bonus = 4 total stock shares. Average price per share of free stock right now is $5.50. Robinhood has a yearly limit of $500 of referral stock.
schwab.war.jpg (50.94 KiB) Viewed 330 times
Buying a piece of Roku Inc. (ROKU)(NASDAQ) for just $1 - Robinhood launches fractional share trading.
That's why Robinhood announced a series of new features on Thursday, including the launch of fractional share trading. That feature will allow investors to invest in stocks and ETFs with as little as $1 -- regardless of the price tag.
Some young investors may balk at cost of even buying a single share of Roku (ROKU), Amazon (AMZN) Berkshire Hathaway (BRKA) and Google owner Alphabet (GOOGL). Even Apple (AAPL) stock is priced at nearly $300.

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