Day traders put stamp on market With unprecedented stock frenzy
Retail traders now make up a fifth of stock volume in the U.SPremium
6 min read
. Updated: 01 Jan 2021, 07:09 AM IST Bloomberg
At a time when headlines were dominated by a raging virus, recession and the fastest-ever bear market, a record $120 trillion of stock changed hands on U.S. stock exchanges this year, up 50% from 2019 to a record
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Look at a screen at almost any point in 2020, and chances are you saw something like this: A company that nobody had ever heard of 12 months ago was in the process of trading 20 million shares in a day.