A sudden surge in trading volumes in class A shares of Warren Buffett’s Berkshire Hathaway confounded investors last year. Now, a trio of academics say they have solved the stock-market mystery.
The jump in volumes was an illusion caused by a change in how Robinhood Markets reports fractional trades, according to a new study released Wednesday.
Source: https://www.wsj.com/articles/robinhood-was-behind-phantom-surge-in-berkshire-hathaway-trade-volume-study-finds-11658309401?siteid=yhoof2&yptr=yahoo