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In June 2020, 20-year old University of Nebraska student Alexander E. Kearns committed suicide after seeing a negative cash balance of US$730,000 (equivalent to $859,442 in 2023) in his Robinhood margin trading account after the expiration, exercize, and assignment of options positions, likely a bull spread.
The scenario has been great news for Robinhood Markets (NASDAQ: HOOD), which has emerged as a big winner in this bull market. Shares of the online brokerage and financial services platform are up ...
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 ...
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r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
There’s evidence that its retail investors also helped stabilize the market during the 2020 pandemic crash by buying the S&P 500’s dip. These two things, however, are very different.
Robinhood is in the process of closing two new acquisitions. One is TradePMR , a wealth management platform for registered investment advisors, which it bought for $300 million.
Investing.com is a Israel-based financial markets platform and news website; [8] one of the top three global financial websites in the world. [9] It offers market quotes, [10] information about stocks, futures, options, [11] analysis, commodities, and an economic calendar. The company itself is registered in Cyprus, and has an Israeli ...