Robinhood Shares Drop as Regulations Loom and Investors Run

Stock and investing app Robinhood is facing a dark horizon as Bloomberg reports that the company’s stock has fallen 41 percent from its August peak. A looming stock sale for Robinhood is coming soon as the company is warning its…

Nasdaq HALTS TRADING of Robinhood’s HOOD Stock Due to MASSIVE 82% PUMP

Due to a dramatic increase in the value of the company’s shares, trading of the Robinhood “HOOD” stock stopped temporarily on Wednesday. HOOD rose more than 109.45% during the last five days. The price of the stock is $62.98. With…

Robinhood Launches its IPO, CRASHES HEAVILY then RECOVERS

Robinhood’s shares floated around the starting price of $38 per share on Thursday, after falling by 10 percent during its Nasdaq debut. The online brokerage firm began trading under the ticker HOOOD for $38 per share, the low end of…

GAMECHANGING FOR RETAIL? Robinhood Looks at Adding Lending, Staking

The Robinhood team conducted a roadshow ahead of its public offering on Thursday. The firm told shareholders that it has placed bets on cryptocurrency lending, staking, and mobile wallet services. CFO Jason Warnick said during the company’s roadshow on Thursday,…

Robinhood Cautions Investors About Company Performance if DOGE Loses Steam

Commission-free trading app Robinhood disclosed that its financial status may be reliant on a cryptocurrency that began as a joke. As it made the unusual move of releasing financial statements during its initial public offering (IPO) filing, Robinhood claimed that…

Robinhood Plans to Go Public with Landmark IPO

Trading app Robinhood filed for its initial public offering on Thursday, revealing that up to 35% of shares would be reserved for retail investors, who seldom get to purchase at the IPO price. It intends to go public on the…

Massachusetts Wants to Revoke Robinhood’s License, Hits Back with Lawsuit

The bad times continue to roll on for online brokerage app Robin Hood as the state of Massachusetts seeks to revoke its broker-dealer license. State regulators state the company targets inexperienced investors to make risky trades with no limits and…

Congress Questions Key Players in the GameStop Short Squeeze

On February 18, the U.S. House of Representatives Financial Services Committee held a hearing examining what happened during the GameStop Short Squeeze which lasted for several hours. The hearing featured a variety of key players which include Reddit CEO Steve…

Dogecoin Explodes for an 800% Gain in 24 Hours

Dogecoin, a digital coin initially created as a prank, has risen over 800 percent over the past 24 hours as it became known as GameStop’s cryptocurrency counterpart. Centered on the famous “doge” meme at the time featuring a Shiba Inu…