Robinhood Behind Phantom Surge in Berkshire Hathaway Trading Volume, Research Results

Trading volume spiked in class A shares of Warren Buffett‘S Berkshire Hathaway confused investors last year. Now, the trio of academics say they have solved the stock market mystery.

The spike in volume is an illusion caused by a change in the way Robinhood Market reported fractional transactions, according to a new study slated to be published on Wednesday.

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