Robinhood is now a stonk
The wild swing in the price of Robinhood today appears from our vantage point to be another stonk moment. Update: Trading of Robinhood shares has been halted due to volatility. The company’s stock paused at $65.60 on Robinhood itself......»»
Robinhood Hit with Class Action After Blocking GameStop Trades
Robinhood is already facing a class action lawsuit after the microtrading platform deliberately blocked users from trading GameStop stock as the stock catapulted in value. From a report: The news shows some nearly immediate impact to Robinhood after.....»»
AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility
AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility.....»»
Robinhood and Reddit top the App Store, as trading apps surge following GameStop mania
The GameStop mania didn’t just drive up the stock price of a declining video game retailer, it’s also sent trading apps and others to the top of the App Store, due to record-breaking downloads. Today, the popular trading app Robinhood has.....»»
Robinhood restricts trading in GameStop after retail brouhaha shakes markets
Update: Robinhood has made public note of the changes, stating that “in light of recent volatility” it is “restricting transactions for certain securities to position closing only, including $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NA.....»»
Robinhood Clients Say Platform Has Removed GameStop and AMC, and is Only Allowing Holders To Sell
Robinhood removed GameStop, AMC, BlackBerry, and Nokia from its trading platform on Thursday, leaving investors unable to buy the highly volatile stocks. From a report: The discount brokerage informed clients they can close out positions in the affec.....»»
Discord bans WallStreetBets as subreddit briefly goes private [Updated]
Robinhood app restricts stock purchasing as regulators express worry. Enlarge / Investors in GameStop and AMC briefly saw red as the WallStreetBets subreddit went private... (credit: StockSnap) Update (Jan. 28, 9:30a.m. Eastern) The Robinhood.....»»
Robinhood pays $65M to settle SEC charges for past “inferior” pricing execution, misleading customers
Today, American securities watchdog the SEC announced that Robinhood, a free-to-trade broker that has grown rapidly in recent years, has paid a $65 million fine to settle charges relating to some of its historical business practices. The actions at.....»»