New class action against Robinhood alleges oligopoly manipulation
The unfolding short-squeeze on GameStop stock to the detriment of major hedge funds “could not be allowed to continue.” Go to Source Powered by WPeMatico
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Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Go to Source Powered by WPeMatico
Robinhood CEO to reportedly testify before US House committee over GameStop
Regulators want to know the details of the GameStop short squeeze. Go to Source Powered by WPeMatico
Wall Street Bets and Gamestop Saga to Be Made Into a Movie
The Wall Street Bets saga, an incredibly ridiculous story about a group of amateur Reddit investors who beat career Wall Street hedge funds at their own game, is to be made into a movie. According to a report by online news site Deadline on Jan. 31, Metro Goldwyn-Mayer (MGM) won the rights to produce the … Read more
Robinhood users are still limited to one GameStop share
As the U.S. SEC looks into how Robinhood has handled GameStop trading, the platform has narrowed its list of restricted stocks. Go to Source Powered by WPeMatico
Mark Cuban thinks Wall Street stands no chance against digital natives
The entrepreneur says that old-school investors are getting their “ass kicked” by the “Store of Value Generation.” Go to Source Powered by WPeMatico
Wallstreetbets and GameStop saga set for Hollywood treatment in new film
A major Hollywood studio has won the rights to turn the r/Wallstreetbets saga into a movie — less than a week after the GameStop short squeeze. Go to Source Powered by WPeMatico
Law Decoded: All vs. One and One vs. All, Jan. 22-29
In a week that saw meme-driven investors rail against Robinhood in what coverage painted as a David and Goliath story, considerations of who exactly policy should defend flared up. Go to Source Powered by WPeMatico
Robinhood ordeal shows broken system and importance of regulation, crypto industry execs say
Richard Byworth of EQUOS and Aleks Svetski of Amber share their thoughts on Robinhood’s suspension of GameStop stock buys. Go to Source Powered by WPeMatico
SEC is looking into Robinhood’s handling of Gamestop trading
Fearing that recent delistings and volatility “undermine market confidence,” the U.S. securities regulator says it is looking into the Robinhood fiasco. Go to Source Powered by WPeMatico
