Is Robinhood Sending J. Jill Stock Soaring 157% in Big Risk Trade?

J. Jill stock’s 157% surge Tuesday looks like the work of retail investors on free brokerage apps like Robinhood. It’s a penny stock in a beaten-down company with a big brand teetering on the verge of bankruptcy, common fair on Robinhood. They came for Hertz, Delta, American Airlines, Carnival, and Ford. The retail crowd could …

Here’s Another Reason to Doubt the Stock Market Rally

Citadel Securities says retail accounts for 25% of the market during peaks. Zero commissions and FOMO are some of the reasons for the retail trading frenzy. Retail investors have inflated the stock bubble. Citadel Securities, the market maker that counts Ken Griffin as its largest owner, said that retail traders now account for about a …

Robinhood Aims to Disrupt Further by Launching a Cryptocurrency Wallet

If established cryptocurrency exchanges didn’t take notice when commission-free trading app Robinhood started offering free cryptocurrency trading earlier in the year, they are likely to now. According to a job advert which appeared on the website of recruitment consultants, Greenhouse, Robinhood is reportedly working on a cryptocurrency wallet of its own. This would allow Robinhood’s …

Why Tech Darlings Robinhood and Square Don’t Care About Crypto Profits

Robinhood, a major stock trading app based in the US, whose valuation surged from $1.5 billion to $6 billion after integrating cryptocurrency, said that the company does not expect to generate large profits in the near future, and the company is fine with it. Vlad Tenev, the co-CEO of Robinhood, said that more than 200,000 …

Robinhood Launches Commission-Free Crypto Trading in 4 US States

Join our community of 10 000 traders on Hacked.com for just $39 per month. Investors can now trade bitcoin and Ethereum for free in a handful of US states. As promised, Palo Alto, Calif-based online brokerage Robinhood Financial has rolled out commission-free trading for bitcoin and Ethereum across California, Massachusetts, Missouri and Montana, the company …

Stock Brokerage App Robinhood Launches Cryptocurrency Trading in 5 States

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Stock brokerage app Robinhood has begun rolling out its new cryptocurrency trading platform to users in 5 states. Beginning Thursday, users who pre-registered for Robinhood Crypto will begin receiving emails inviting them to participate in an early access program for the platform, …