Robinhood's revenue is closely tied to trading volume on its platform. Meme stocks and short squeezes tend to encourage increased trading frequency. Robinhood stock has boomed in the last year, thanks ...
GameStop and AMC Entertainment extended their gains on Tuesday to more than 100%. The return of the meme stock surge was sparked by a tweet from Keith Gill AKA Roaring Kitty. AMC Entertainment took ...
Robinhood made a "processing error" that left its customers short on a meme stock last year. The error lost the trading app $57 million, the company's finance chief ...