#Robinhood shares plummet 10 percent moments after debut

#Robinhood shares plummet 10 percent moments after debut

“#Robinhood shares plummet 10 percent moments after debut” Shares of free-trading app Robinhood dropped more than 10 percent moments after debuting on the Nasdaq stock exchange at $38 a share on Thursday. Trading in the app — known for its role in the “Reddit Rally” retail trading phenomenon that pushed shares of GameStop to new…

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# Robinhood introduces feature aimed at protecting investors from crypto volatility

# Robinhood introduces feature aimed at protecting investors from crypto volatility

“# Robinhood introduces feature aimed at protecting investors from crypto volatility ” Stock and cryptocurrency trading app Robinhood is reportedly exploring a way for users to be better protected from volatile crypto prices.  According to a Tuesday Bloomberg report, the trading app is working on a feature called “price volatility protection,” which would modify certain…

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# Robinhood warns a crypto drop is coming amid IPO filing

# Robinhood warns a crypto drop is coming amid IPO filing

“# Robinhood warns a crypto drop is coming amid IPO filing ” Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume earlier this year. In an amendment to its Form S-1 filed with the U.S. Securities and Exchange Commission on Monday, Robinhood reported its trading…

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#Meme stocks rally fades, investors ‘falling out of love’

#Meme stocks rally fades, investors ‘falling out of love’

“#Meme stocks rally fades, investors ‘falling out of love’” So-called meme stocks are falling out favor with investors as prices tumble and interest in them wanes. Purchases of meme stocks, which include GameStop, AMC, Bed Bath & Beyond and others, fell sharply last week, according to data from Vanda Research. Purchases of meme stocks tumbled…

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#Robinhood IPO faces threat of retail snub on Reddit

#Robinhood IPO faces threat of retail snub on Reddit

“#Robinhood IPO faces threat of retail snub on Reddit” Online brokerage Robinhood, which helped enable the “meme stock” frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering. Many individual investors are planning to shun the stock market debut,…

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# Robinhood COO: We have enabled more women to trade crypto

# Robinhood COO: We have enabled more women to trade crypto

“# Robinhood COO: We have enabled more women to trade crypto ” The chief operating officer of stock and cryptocurrency trading app Robinhood aims for significant growth in the number of female customers, particularly when it comes to investing in crypto. In an interview with Business Insider published Wednesday, Robinhood COO Gretchen Howard said the…

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# Robinhood’s cash cow under SEC scrutiny amid IPO filing

# Robinhood’s cash cow under SEC scrutiny amid IPO filing

“# Robinhood’s cash cow under SEC scrutiny amid IPO filing ” Trading platform Robinhood could lose a significant revenue source should the United States Securities and Exchange Commission move to ban the controversial payment for order flows (PFOF) — routing retail trading orders to market makers. Brokers like Robinhood often use the practice to offset…

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