Robinhood was brought into the spotlight again in January 2021, after it decided to restrict access to certain securities such as GameStop, AMC Entertainment, Nokia, and others during the market frenzy surrounding the Reddit short squeeze on the stocks. One of Robinhood's primary market makers, ...
Market darlings Robinhood, Reddit and Applovin deliver earnings after the close Feb. 12, 2025 at 6:02 a.m. ETby Jamie Chisholm MarketsMcDonald’s, Super Micro, DoorDash, Cisco, and More Stocks to Watch This Week Feb. 9, 2025 at 2:00 p.m. ETby Barron's ...
Market darlings Robinhood, Reddit and Applovin deliver earnings after the close Feb. 12, 2025 at 6:02 a.m. ETby Jamie Chisholm MarketsMcDonald’s, Super Micro, DoorDash, Cisco, and More Stocks to Watch This Week Feb. 9, 2025 at 2:00 p.m. ETby Barron's ...
Robinhood did not support trading in cryptocurrency until 2018.Bitcoinand Ethereum were the first two crypto assets available on the platform in their early days. Apart from this, Robinhood is not just trading in crypto but also stocks. It occupies a vast space in the financial industry of the...
Many of Robinhood's users took to Twitter and Reddit to blast the start-up. Some said they would leave the platform, while others threatened a class-action lawsuit. A Robinhood spokesperson said the outage was caused by "infrastructure that allows our systems to communicate ...
It seems to have been a tough day forRobinhoodandCitadel Securitiesin particular, with lawmakers from both parties aggressively questioning both executives over whether their businesses do more harm than good. RedditandKeith Gill, however, got the opposite treatment. ...
More than $4 of every $10 that Robinhood Markets Inc. made in revenue during the spring came just from customers trading bitcoin, dogecoin and other cryptocurrencies.
Both Democratic and Republican lawmakers are criticizing stock trading app Robinhood’s Thursday decision to block users from buying or trading stocks popular on a Reddit forum, including GameStop, AMC and BlackBerry. The decision followed efforts by users on the r/WallStreetBets forum to drive ...
Social media platforms like Reddit created buzz and hype around stocks such as GameStop and AMC Theatres, causing them to soar. Big hedge firms that had bet those stocks would fall lost big, and as that happened, consumer investing app Robinhood clamped trading so investors couldn’t buy...
A Tampa Bay law firm is joining a barrage of lawsuits against the Robinhood stock trading app, saying it improperly stopped investors from trading shares of GameStop during last week's surge.