This has been one of the wildest years on record for the stock market. Investors experienced about a decade’s worth of volatility between late February and late August, with the benchmark S&P 500 losing over a third of its value, then quickly recouping all of its losses to hit a […]
Robinhoods
Robinhood’s Rise Brings Dark Side of Irate Traders, U.S. Probes
(Bloomberg) — Robinhood Markets has catapulted ahead of its online brokerage rivals with a smartphone app that has attracted an army of young investors. Yet with the company’s rise has come a litany of problems: trading outages, angry customers and regulatory probes. Over the first half of the year, U.S. […]