The Independent Florida Alligator | ‘They’re playing with real money’: Gamified apps hook young investors

Anoop Savio has hit it big, but he’s also suffered crushing blows. One swipe, and the 21-year-old UF finance master’s student could snag a few shares of AMC. Another swipe, and he’d sell some Dogecoin, a cryptocurrency token. In a few trades on the brokerage platform Robinhood, Savio could see the value of his portfolio plummet suddenly or watch his balance skyrocket.

Young investors like Savio can trade anytime, anywhere — and they’re doing it with unprecedented fervor.

Cordell Eminent Scholar Jay Ritter comments on the trend in this story from the Independent Florida Alligator.