|Bid||0.8430 x 1100|
|Ask||0.8439 x 36900|
|Day's Range||0.8356 - 1.0300|
|52 Week Range||0.1380 - 3.9600|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.77|
The more volatile things have been for equities, the more enticing it's been to young and novice investors. Just take a closer look at the success of online investing app Robinhood. Robinhood, which is known for its commission-free trades and gifting of free shares of stock to new members, gained in the neighborhood of 3 million new users in 2020.
Shares of Sundial Growers (NASDAQ: SNDL) jumped 11% Monday as potentially game-changing marijuana legislation took an important step forward. The bill seeks to allow banks and other financial service providers to legally serve cannabis companies. Many banks have declined to work with even state-licensed marijuana producers for fear of running afoul of federal law.
The popular mobile app Robinhood has ushered in a new era of stocks trading, making no-commission trades the norm in the industry. Meanwhile, Americans with extra time on their hands during the pandemic have taken enthusiastically to trading, flooding social media sites like Reddit, YouTube, and TikTok to learn more about stocks and trade tips. Day trading comes with risks, though, as the trading strategy tries to capture short-term profits on quick movements in stocks.