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Robinhood Or Not To Robinhood? (EP.28)
Manage episode 313620984 series 3278341
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In this episode, Paul and Justin explore Robinhood and the events of GME and AMC. Reddit users influenced the stock swinging prices of Gamestop, AMC, and other publicly traded companies causing chaos in the stock market. Investing apps like Robinhood that specialize in short trading halted and limited purchasing of stocks as a result of the fees that were associated with trading those inflated stocks limiting people’s opportunities to trade those stocks on a level playing field. Robinhood among other brokerages is facing civil lawsuits and is facing scrutiny because hedge fund managers were still able to trade freely on the platforms.Sources and more found at: digitalgalaxypodcast.com --- Support this podcast: https://podcasters.spotify.com/pod/show/digital-galaxy-podcast/support
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