Robinhood news
Turn to RT to read stories on Robinhood, including breaking news and latest updates. Robinhood is an online brokerage company – stay with RT for news on the stock market. Robinhood started trending on the news worldwide after the shares of GameStop – an American retailer popular among gamers, selling consoles and electronics – grew over 1,800 percent. Check out RT to find out how the events unfolded. The sudden increase was a result of Reddit users’ cooperation – read more details on RT. Robinhood eventually halted all buys of GameStop, Blackberry, and Nokia stocks. Read about the aftermath of this move on RT. Investors filed a class-action suit against Robinhood after the halt, and Facebook banned its group, which had some 150,000 followers – find updates on that here on RT. Read experts’ and analysts’ opinions on Robinhood and the GameStop craze, as well as on the stock market in general.
- Robinhood CEO claims to be hiding in ‘undisclosed location,’ supposedly facing DEATH THREATS over restricting ‘meme stock’ trading
Vlad Tenev, CEO of now-infamous stock-trading app Robinhood, is supposedly hiding out in an “undisclosed location” avoiding what he claims are threats to his life as he prepares to testify at Congress.Feb 16, 2021 19:31USA News - Family of 20yo who committed suicide says Robinhood caused his death with ‘reckless tactics’ that prey on the inexperiencedThe family of a Robinhood investor who took his own life last year has sued the platform, alleging it misled the 20-year-old into thinking he was nearly $1 million in debt and that “reckless tactics” directly led to his death.Feb 9, 2021 04:24USA News
- HBO becomes SEVENTH company to produce film on GameStop mania as Hollywood & Wall Street rush to cash in on ‘Reddit Rebellion’HBO is developing its own movie on the GameStop stock frenzy, the seventh film project to emerge from the debacle as major Hollywood production houses race to milk every penny out of the grassroots “rebellion” against Wall Street.Feb 5, 2021 23:42USA News
- Robinhood is ‘toast’ after GameStop fiasco, says real-life Wolf of Wall Street Jordan BelfortThe “knee-jerk” decision by Robinhood to stop the trading of high-flying stocks is “a bit troubling,” according to Jordan Belfort, the author of ‘The Wolf of Wall Street’. They could have just as easily raised the margin, he says.Feb 2, 2021 14:34Business News
- Market makers didn’t force my hand to save their hides from Reddit investors, Robinhood CEO tells Elon Musk in interviewThe controversial decision by Robinhood to ban the purchasing of ‘meme stocks’ came in response to regulatory demand and not any backroom dealings, the platform’s CEO has told Tesla boss and world’s richest person Elon Musk.Feb 1, 2021 10:25USA News
- Robinhood narrows trade restrictions list to 8 companies, including GameStopOnline brokerage Robinhood has cut down the list of its restricted stocks, from as many as 50 on Friday to eight starting Monday. Trade in short-squeeze names like GameStop has been limited due to last week’s explosive rallies.Feb 1, 2021 09:46Business News
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