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4 of Robinhoods Top 10 Stocks Could Lose 50% (or More)
Of the 10 most-held stocks on Robinhoods platform, four could conceivably lose half their value, if not more.
AMC EntertainmentMovie theater operator AMC Entertainment (NYSE:AMC) is currently the third most-held stock on the entire Robinhood platform.
Sundial GrowersCanadian marijuana stock Sundial Growers (NASDAQ:SNDL), the fourth most-held stock on the platform, could also lose 50% (or more) of its value.
GameStopLastly, the Reddit stock that started the retail investor frenzy, GameStop (NYSE:GME), chimes in as the 10th most-held Robinhood stock.
Though short-term investor emotions are impossible to predict, GameStop, NIO, Sundial, and AMC could all easily lose 50% (or more) of their value at some point in the not-so-distant future.