Lawyers making the allegations are also accusing Citadel Securities, which is owned by a hedge fund, of pressuring Robinhood to implement its controversial “sell only” policy....
Robinhood users found themselves unable to buy or sell cryptocurrency Thursday night, an issue reminiscent of the app’s decision to restrict GameStop trades earlier this year....
Short-sellers betting against GameStop’s success lost $664 million Wednesday, followed by $1.19 billion on Thursday. The losses come as share prices for the video game retailer...
GameStop share prices surged from around $50 midday Wednesday to $170 Thursday morning in pre-market trading, marking the company’s second massive share spike in 2020. Some...
On Friday, Reddit administrators appeared to resolve what had been described as a “coup” on the WallStreetBets subreddit. The situation began earlier in the week when...
After billionaire Elon Musk tweeted the word “Doge,” prices for the joke cryptocurrency Dogecoin immediately soared from four cents to almost six cents. Last week, Musk...
Robinhood co-CEO Vlad Tenev will reportedly testify before the House Financial Services Committee on Feb. 18. Committees in both the House and Senate have announced investigations...
The Securities and Exchange Commission is “closely monitoring” GameStop and online trading platforms following a highly volatile week in the stock market. “The Commission will closely...
The Robinhood app has restricted users from buying new stocks in GameStop, AMC, Blackberry, Nokia, Bed Bath & Beyond, and other companies, citing “recent volatility.” It...
