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Robinhood’s decision to begin offering election futures comes shortly after another prediction markets platform, Kalshi, won a ruling against the Commodity Futures Trading Commission that had ...
Robinhood's ride to fintech supremacy has been almost as volatile as the meme stocks that trade on its platform. Its IPO debut on July 28, 2021, ended with the stock down 8% to $34.82.
Robinhood — which has won this year's Yahoo Finance Comeback of the Year award due to its big turn to profitability, innovative product releases, and a 180% stock price jump — has undergone a ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
The trading platform is the latest to offering investors the option to bet on outcome of the November 5 presidential election.
Robinhood rolled out its new prediction market last month. ... If Trump has a 55% chance of winning on Robinhood, contracts in favor of Trump will go for $0.55 and users can purchase multiple ...
How Trump can mitigate the damage. The KFile investigation about Robinson landed the Trump campaign with a suddenly breaking crisis. The lieutenant governor recently spoke at the ex-president’s ...
GameStop stock tanked more than 18% Wednesday as a rally among meme names showed signs of fading.Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained ...