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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.
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 has marketed itself as a platform that democratizes finance and opens trading access beyond the traditionally murky institutional finance sector, which is backed by market-moving levels ...
Robinhood’s app is a leading investing platform among younger traders and offers alternative investments like crypto. The firm, which once stood at the center of the meme stock craze, has ...
Robinhood announced that the company would slash 9% of its workforce in an effort to reach profitability by the end of the year. The company then reported a very lackluster first quarter ...
The Raj Rajaratnam/Galleon Group, Anil Kumar, and Rajat Gupta inside trading cases are parallel and related civil and criminal actions by the U.S. Securities and Exchange Commission and the United States Department of Justice against three friends and business partners: Galleon Group hedge fund founder-owner Raj Rajaratnam and former McKinsey & Company senior executives Anil Kumar and Rajat Gupta.
Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division. The company said in a regulatory filing that it ...
CCTV video of Thompson's killing. Thompson was in New York City for an annual UnitedHealth Group investors' meeting, having arrived in the city on December 2, 2024. [38] On December 4, at around 6:45 a.m. EST (), Thompson was walking along West 54th Street toward the New York Hilton Midtown hotel that was hosting the meeting. [39]