Robinhood, which earlier this year selected Charlotte as an expansion site for the company, recently held an initial public offering (IPO), with tepid results. What’s that mean for the company’s future?
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Robinhood cashed in on the meme stock craze. Now Robinhood itself is turning into the next plaything for the retail trading crowd.
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Robinhood made its Wall Street debut on Thursday. The fast-growing trading app has provided a new generation of everyday investors with access to financial markets, but it’s also highly controversial.
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Robinhood could soon be worth $35 billion. The booming yet controversial trading app said Monday it plans to raise up to $2.3 billion in an initial public offering.
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Wednesday Robinhood was slapped with a record $70 million fine. Thursday, the company began jetting toward an IPO. Here are the details.
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Robinhood is being ordered to pay about $70 million for harming millions of customers. It’s the largest penalty ever imposed by Wall Street’s self-regulator.
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Robinhood is getting rid of the confetti animation that appears on users’ screens after they conduct their first trade and achieve other milestones. The change comes as the app faces growing scrutiny over what critics say is a gamification of trading that masks the potential for real losses.
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Robinhood, the high profile company that plans to capitalize on the flurry of retail trading it helped set off with its zero-commission business model, is expanding to the Queen City and bringing hundreds of jobs.
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The next big job creator in Charlotte might be Robinhood, according to media reports. Here’s what we know.
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