the suspension, calling it the “correct” thing to do in order “to protect the firm and protect our customers” and denying rumors that it was because the company did not have enough cash on hand .
“Limited” trading of meme stocks — including GameStop, AMC Entertainment, BlackBerry and Bed Bath & Beyond — willRobinhood is at the center of a movement designed to challenge Wall Street’s financial hegemony. Armies of retail investors, many informed by forums like Reddit’s r/WallStreetBets, have helped drive up the stock of struggling companies like GameStop, AMC, BlackBerry and even Blockbuster, spurring massive losses for the hedge funds who had shorted the stocks.
but he said he doesnt have any liquidity issues. Lies lies lies
Robinhood gotta go ahead change their name at the point.
They closed Robinhood, they halt the trading. But they can’t shut everything down. RT and join the Resistance
$AMC 🚀🚀
kudapara
Yeet the elite! $GME $AMC $NOK
“Oh you wanted to sell stocks for USD?”
Now I get the picture. Stoppage was to allow the brokerage to get funds to cover the 3 day closing lag.🤡🤖🤣👽
🧐📈🧮
So the payoff is to be billed as emergency funds? Hilarious
wallstreetbets