Question of the Day: What's the top financial app in the App Store in Feb. 2021?
Answer: Robinhood
From App Annie (2/12/21):
Questions:
- Why do you think these apps are so popular? When do you think people find these apps most useful?
- Do you have any finance apps on your phone? Why or why not?
- Typically, peer to peer payment apps like Venmo dominates this list. Why are these other apps so popular right now?
Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Wall Street Journal):
"Robinhood and other brokerages in recent days have experienced a surge in trading volume in a small number of stocks, prompting the clearinghouses that help process and settle trades to ask them for more cash to cover the transactions."
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To learn more about the GameStop frenzy, primarily fueled by Robinhood, check out NGPF's blog highlighting GameStop Teaching Resources.
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About the Author
Mason Butts
After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.
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