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Robinhood (HOOD) App Use Falling With the Meme Stocks

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Here’s what Robinhood executives allegedly said internally at the height of the GameStop short squeeze

Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California.Kimberly White | Getty Images Entertainment | Getty ImagesRobinhood executives had a lot to talk about the week Reddit users were driving a historic short squeeze in GameStop.New documents in a lawsuit allegedly show internal conversations between executives…

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Robinhood confirms crypto wallet feature on app starting in October

The company did not specify which tokens the digital wallet would support, but the app currently provides commission-free trading for BTC, ETH, LTC, BCH, BSV, DOGE, and ETC. 2004 Total views 15 Total shares Trading app Robinhood has opened up a waitlist to test a crypto wallet for users to hold their tokens.According to a…

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Robinhood shares dive 27.6%; filing sparks worries early investors could sell

Please try another search Economy17 hours ago (Aug 06, 2021 06:20PM ET) © Reuters. FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo (Deletes reference in paragraph 4 to future share sales…

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Robinhood shares fall, Johansson sues Disney, ocean’s false bottom

Skip to navigationSkip to contentDiscoverLatestObsessionsThese are the core obsessions that drive our newsroom—defining topics of seismic importance to the global economy.FeaturedThese are some of our most ambitious editorial projects. Enjoy!EmailsOur emails are made to shine in your inbox, with something fresh every morning, afternoon, and weekend.Become a memberQuartz Daily Brief: Robinhood shares fall, Johansson sues…

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Why Robinhood shares fell in the first day of trading

The debut of Robinhood—the controversial brokerage that ignited an explosion in retail trading—on the public stock market was expected to be a wild ride. Instead it fizzled.Robinhood wilted 8.4% to $34.82 per share yesterday after the company’s IPO initially priced the stock at $38, which was the bottom of the expected range. CEO Vladimir Tenev,…

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Robinhood IPO: why believers failed to deliver the ‘moonshot’

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Read more Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend…

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Robinhood prices IPO at $38 per share, valuing the online brokerage app at $32 billion

SOPA Images/Getty Images Robinhood priced its IPO at $38 per share on Wednesday, valuing the company at about $32 billion.The online brokerage app revealed surging growth in its S-1 filing amid the COVID-19 pandemic and government stimulus checks.Robinhood is set to trade on the Nasdaq under the symbol “HOOD” on Thursday.Sign up here for our…

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Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO

Please try another search Economy2 hours ago (Jul 28, 2021 09:31PM ET) © Reuters. FILE PHOTO: Robinhood logo is seen on a smartphone in front of a displayed stock graph in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Echo Wang and David French (Reuters) -Robinhood Markets Inc, the owner of the trading…

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Robinhood CEO says the company is all-in on crypto and that users can expect new crypto features at ‘some point’

Robinhood CEO Vlad Tenev says the company is focused on expanding its crypto offerings. He said users can expect a crypto wallet at “some point.”  It’s a glimpse at the company’s future ahead of it’s highly anticipated IPO.  LoadingSomething is loading. Robinhood CEO Vlad Tenev announced Saturday that crypto is a lynchpin of the retail…