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Schwab’s plan to offer fractional shares starting in June is a shot across the bow at Robinhood, Stash.

Discount-brokerage giant Charles Schwab on Tuesday announced that it will offer trading in fractional shares of individual stocks as soon as June, delivering on a promise made by its founder back in October, while providing competition for micro-brokerages like Robinhood and Stash who have drawn an increasingly younger demographic.
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