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Showing posts with the label Robinhood

Robinhood, Citadel reject conspiracy claims that they halted 'meme' trades

Robinhood CEO Vlad Tenev said the brokerage halted trades to meet demands from its clearinghouse — not to protect hedge funds from retail investors rallying each other on Reddit.

GameStop and Robinhood: Why everyone's suddenly mad at this stock-trading app

The day-trading app just blocked some stocks that had rocketed in price on a wave of financial brinksmanship. Now everyone is mad.