Millions of amateur investors got into the stock market during the pandemic — some gingerly, some aggressively, some determined to teach Wall Street bigwigs a lesson — and almost couldn’t […]
Robinhood Financial LLC
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“He provided a very clear thesis,” Mr. Gogna said, explaining that Mr. Gill’s work was an accessible contrast to other information — “charts, all these dizzying things” — out there. […]
Robinhood Hits College Campuses, Where Credit Card Companies Fear to Tread
Robinhood, the free stock-trading app with 21 million active users and counting, is about to hit the road for a college coffeehouse tour to drum up new customers.Now where have […]
Who’s Buying Evergrande?
A look inside Robinhood during meme-stock maniaThe trading app Robinhood has grown explosively, gone public and, for good measure, is now getting into crypto wallets. But internal exchanges between company […]
We Asked Daves About Dave, Marcus and Other First-Name Money Apps
Can these customers count on getting the help they need? (So far, none of the start-ups has called him for advice.)The question is borne out by some pretty recent history.Robinhood’s […]
SPACs on Trial
SPACs and fraud: A bug or a feature?Trevor Milton, the founder of Nikola, is one of the most high-profile figures at the center of the boom in SPAC deals. Yesterday […]
Is Robinhood Worth $32 Billion?
Is Robinhood worth $32 billion?Robinhood, the investing app, begins trading today, after its highly anticipated initial public offering priced at $38 a share last night. That was at the low […]
Robinhood Prices Its I.P.O. at $38 a Share
SAN FRANCISCO — Robinhood is known for its association with “meme stocks.” Now the stock trading app could become one.On Wednesday, Robinhood priced its initial public offering at $38 a […]
Robinhood’s Guinea Pig for Upending Public Offerings: Itself
SAN FRANCISCO — When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make […]
Robinhood Reveals Rising Revenue and a $1.4 Billion Loss
The company’s shareholders, however, stuck with it. Within a week, it raised two rounds of emergency funding totaling $4.4 billion to meet lending requirements for stock trades and to continue […]