$HOOD
Robinhood was number 27 in the US iOS App Store last night in Finance.
Last night, Roaring Kitty happened to disclose a $200M+ position in $GME Gamestop.
Robinhood is now number 17, moving up 10 spots in less than 24 hours.
During the last run in Mid-May, $HOOD went on to be number 80 in the entire US iOS App Store outside of just finance.
I believe Robinhood will likely be the largest beneficiary of this momentum (as long as they don’t make the same mistakes) because it is the platform where everyone new ends up going to access these stocks.
The reason?
They actually built a product people enjoy using, even if people don’t have the best affinity with the brand.
Vlad posted a kitty meme two weeks ago and publicly acknowledged that 2021 was not their best moment. The kitty meme, in my opinion, was about sending a message of being ready this time to provide infrastructure and support.
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