Reuters/Brendan McDermid
- iQiyi is flying up the ranks of Robinhood's top stocks.
- Shares of the Chinese video service are up 90% since its IPO in March.
- Baidu, China's largest search engine, owns an 18% stake in the company.
The Netflix of China is continuing to rise in popularity among millennial investors.
Data from the stock trading app Robinhood — whose usership skews markedly younger than traditional brokerages — show iQiyi is now the 42nd most popular stock. It's gained 32 spots in the app's popularity ranking since last week, surpassing Dropbox, GM, and other more well-known companies.
See the rest of the story at Business Insider
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SEE ALSO: The Netflix of China has become the hottest stock for millennials
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