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 Will Start Testing Crypto Wallets Next Month
Robinhood plans to start a cryptocurrency wallet next month, the company announced on Wednesday. Engadget reports: The tool will allow you to send and receive digital currencies, as well as trade them and move them off the app. If you want to take pa.....»»
Robinhood buys Say Technologies for $140M to improve shareholder-company relations
The deal is notable because it is Robinhood's first major purchase since going public in July, and because it illustrates where Robinhood may look to invest some of its newly liquid equity wealth. U.S. consumer investing and trading service.....»»
Daily Crunch: Second-day trading surge launches Robinhood stock into meme territory
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day a.....»»
Is Robinhood having its own GameStop moment?
The rally started on Tuesday when shares gained nearly 25 percent. Excitement spilled over into today with shares hitting a high of more than $80 but things have since cooled a bit as trading was halted multiple times due to volatility......»»
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’s CFO says it was ready to go public
Robinhood says it went public because it was ready. And our read of the markets is that it's an appealing time for high-growth tech companies with a history of losses to do so. Yet it's underwater. Robinhood priced at $38 per share this wee.....»»
Robinhood’s stock drops 8% in its first day’s trading
Once the U.S. consumer investing and trading app began to allow investors to trade its shares, they went down sharply, off more than 10% in the first hours of its life as a floating stock. Robinhood priced its public offering at $38 per sha.....»»
Robinhood"s Guinea Pig for Upending Public Offerings: Itself
When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make finance accessible to all. Now as they prepare to make their company public, they a.....»»
Robinhood targets IPO valuation up to $35B amid warning that crypto incomes are slipping
Robinhood's huge valuation indicates that its ascent in the last 18 months from breakout unicorn to category-defining upstart is about to be embraced by the public market. Robinhood released an S-1/A filing detailing its first IPO price ran.....»»
Equity Monday: Zoom buys Five9 as Robinhood sets IPO price range
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, dig.....»»
Nigerian investment platform Chaka secures $1.5M pre-seed after bagging country’s first SEC license
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old with huge ambitions of democratizing securities access to the underserved and unserved. Robinhood has since taken the world by storm and grown to serve more than 3.....»»
Feds Seized Robinhood CEO"s Phone in GameStop Trading Halt Investigation
Robinhood, the stock trading app that was subject to a record fine Wednesday, announced it intends to go public Thursday. From a report: In its filing documents, the company admits that many of its customers are furious about how it handled January's.....»»
Daily Crunch: After quarters of explosive growth, a profitable Robinhood files to go public
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day a.....»»
Robinhood will list its shares on the Nasdaq under the ticker symbol "HOOD"
Robinhood hasn’t yet said how many shares will be offered, nor has it confirmed the price range for the offering......»»
Robinhood files to go public after squeaking to profitability in 2020
This afternoon Robinhood, the popular investing app for consumers filed to go public. The company intends to list on the NASDAQ under the symbol “HOOD.” That Robinhood released an S-1 filing today is not a surprise. The company privately.....»»
Robinhood is going public and we’re very excited
It’s a sweltering day here in New York City, and that means Wall Street is on fire, and so is Robinhood, apparently. The popular stock trading app officially filed its Form S-1 with the SEC a few hours ago to go public, where it will trade unde.....»»
How Robinhood’s explosive growth rate came to be
Where does all that revenue come from? This afternoon Robinhood filed to go public. TechCrunch’s first look at its results can be found here. Now that we’ve done a first dig, we can take the time to dive into the company’s.....»»
Robinhood ordered to pay $70m penalty to US regulator
It's the largest penalty the Financial Industry Regulatory Authority has ever ordered. Enlarge A Wall Street regulator has ordered the retail trading platform Robinhood to pay more than $70m in penalties for causing what it described as “wi.....»»
Robinhood"s Luster Stained Again With a Record $70 Million Fine
An anonymous reader shares a report: Robinhood Markets unleashed a revolution, marshaling throngs of new traders to financial markets in an upside-down year. But the free trading app's breakneck growth hurt the same small-time investors it sought to.....»»
AMC Is Giving Free Popcorn Away To Meme Stonk Investors
AMC announced today that it was creating AMC Investor Connect, "an innovative, proactive communication initiative that will put AMC in direct communication with its extraordinary base of enthusiastic and passionate individual shareholders to keep the.....»»