Robinhood CEO Vlad Tenev grew up in Washington, D.C. On Thursday (Feb. 18), the Silicon Valley executive at the heart of the biggest stock market crisis since 2008 returned home to face the U.S. House of Representatives Committee on Financial Services and its chairwoman, Rep. Maxine...
The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks got the attention of federal regulators who are now investigating the rally for market manipulation or other misconduct, The Wall Street Journal reported on Tuesday (Feb. 11), citing sources. Get the Full...
A congressional hearing planned for Feb. 18 about Robinhood’s GameStop trading debacle is expected to get testimony from Robinhood, Melvin Capital and Citadel Securities, Reuters reported on Wednesday (Feb. 10) citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Cannabis stocks are lighting up the exchanges as the Reddit forum that recently boosted so-called “meme” shares now turns an eye on a fresh crop of companies, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Federal Trade Commission said it received more than 100 Robinhood-related complaints between Jan. 24 and Feb. 2, CNBC reported on Friday (Feb. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The online boom in the stock price of such companies as GameStop has gained the attention of brokers, prompting moves to curb the wild trading activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Tesla shares accelerated some 5.6 percent, pushing its market capitalization over $800 billion for the first time, Reuters reported on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite the pandemic, U.S. stock sales soared to $435 billion in 2020, surpassing the previous record of $279 billion in 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Airbnb began trading at $146 a share on Thursday (Dec. 10) at more than two times the price set for its initial public offering (IPO) the previous day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
