Robinhood’s 2020 Recaps Are a Meme for a Volatile Year

Robinhood’s 2020 Recaps Are a Meme for a Volatile Year

Robinhood's 2020 Recaps Are a Meme for a Volatile YearAnd you thought your Spotify Wrapped was a bummer.Robinhood, a financial app popular with young investors new to the stock market, released a year-in-review data dump in December.Credit...Jim Watson/Agence France-Presse — Getty ImagesBy Ezra MarcusIn 2020, wild fluctuations in the stock market caused by the pandemic turned millions of people into opportunistic investors. After stocks plunged in March, experienced traders and Nasdaq novices poured their dollars into buzzy tech companies like Tesla and Zoom, as well as businesses bludgeoned by Covid restrictions, including airlines, restaurants and cruises.To reflect a year of volatility and impulsive investments, Robinhood, the popular trading app that has spurred controversy by marketing itself to young people, released a year-end data dump for its users. A news release promised that the Robinhood Recap would be a “special personalized experience that will take you through your investing journey this year — from views to trades, your most memorable investing moments, large or small, and other milestones along the way.”Robinhood's wrap-up — available to anyone who had an active account before Dec. 15 — showed the stocks users purchased, dividends and interest earned, which stock in their portfolio they clicked