• 

  Robinhood, in Need of Cash, Raises $1 Billion From Its Investors

  

  nytimes.com

  The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop.

  hedge funds initial public offerings mobile applications start-ups stocks and bonds venture capital

  • Add  

  3

More like this (3)

• 

  In GameStop Saga, Robinhood Is Cast as the Villain

  

  nytimes.com

  Lawmakers at a congressional hearing kept coming back to the chief of the stock-trading app with...

  Lawmakers at a congressional hearing kept coming back to the chief of the stock-trading app with pointed questions and a key argument: “Something very wrong happened here.”

  • Read
  • Add  

  
• 

  GameStop hearing: Robinhood founder defends halt to trading

  

  theguardian.com

  Vlad Tenev accused of creating ‘smokescreen’ to deflect blame before House financial services committeeThe chief executive...

  Vlad Tenev accused of creating ‘smokescreen’ to deflect blame before House financial services committeeThe chief executive of the Robinhood app has defended the decision to halt trading in GameStop shares at a congressional hearing on Thursday, calling allegations that the company acted to help hedge funds that were hemorrhaging money “absolutely false”. The comments triggered accusations the company was creating a “smokescreen” to deflect...

  • Read
  • Add  

  
• 

  Robinhood, Under the Gun, Raises $2.4 Billion

  

  nytimes.com

  The high volume of trading by its customers, many of them egged on by social media,...

  The high volume of trading by its customers, many of them egged on by social media, has put a strain on the company’s balance sheet.

  • Read
  • Add