Robinhood Reports AMC at $417 Billion Market Cap
Robinhood is reporting AMC at a $417 billion market cap and more. CEO Adam Aron says they are reviewing sources to check for accuracy.
Robinhood Lost $57 Million Shorting COSM Stock
Robinhood reported it lost $57 million shorting Cosmos Health Inc. due to a processing error that triggered a 'glitch'. Here's the latest.
Occupy the SEC 2023 is Here: What’s Happening?
Retail investors are occupying the SEC headquarters in Washington D.C. on January 27th and January 28th from 10am-4pm. The 28th marks the two-year anniversary of the ‘meme stock’ frenzy of 2021 when Robinhood and other brokerage firms…
Global Head of Operations at Citadel Has a Board Seat at DTCC
David Inggs is Global Head of Operations at Citadel and is responsible for all products across asset servicing, billing, cash management, clearing, and has a board seat at the DTCC. The conflict of interest has raised big concerns amongst the retail…
Robinhood and Citadel Colluded Night Before Trading Restrictions
The U.S. House Committee on Financial Services just published a press release stating Robinhood and Citadel Securities engaged in ‘blunt’ negotiations before the trading of ‘meme stocks’ occurred. The press release states that…