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Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hasn't been bad for Robinhood. They raised a billion dollars last night. [twitter]https://twitter.com/CNBC/status/1355150280690688003?s=20[/twitter][/quote] They BORROWED a billion dollars. [/quote] Yeah, in case nobody realized, the actions of their customers created a financial risk for them. Which is why they quite reasonably limited buying of Gamestop. Hopefully they will be adequately capitalized so their members can learn a life lesson without taking RH down with them.[/quote]
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