Robinhood Was Behind Phantom Surge in Berkshire Hathaway Trade Volume, Study Finds

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A sudden surge in buying and selling volumes in school A shares of Warren Buffett’s Berkshire Hathaway confounded buyers final yr. Now, a trio of teachers say they’ve solved the stock-market thriller.

The soar in volumes was an phantasm attributable to a change in how Robinhood Markets reviews fractional trades, in response to a new study released Wednesday.

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