Browsing Tag

Robinhood

In GameStop Saga, Robinhood Is Solid because the Villain

Most of the panellists were key players during a two-week period last month when millions of small investors went off on Reddit and other online forums to buy GameStop and took the stock to stratospheric levels. These small investors were…

Robinhood CEO explains buying and selling restrictions

Robinhood Co-Founder and Co-CEO Vlad Tenev speaks on stage during the . Disrupt New York event on May 10, 2016.Noam Galai | Getty Images for .The co-founder of Robinhood used the audio chat app Clubhouse by invitation only to defend the…

Robinhood, Below the Gun, Raises $2.four Billion

Restricting trading has reduced the cash or margin cushion it had to hold at its clearing house. The company eased some of those restrictions on Friday and cut the number of companies with trade restrictions from 50 to eight on…

Robinhood Says it Will Reallow GameStop Trades

Several retail brokers, including Robinhood, said they would allow trading with GameStop and other volatile companies after restricting customers' ability to buy stocks earlier in the day."Starting tomorrow, we plan to allow limited…

Robinhood Recaps From a Risky Yr

In 2020, wild fluctuations in stock markets caused by the pandemic turned millions of people into opportunistic investors. After stocks fell in March, veteran traders and Nasdaq newbies poured their dollars into buoyant tech companies like…