Robinhood can now add a class action lawsuit to its growing list of headaches after it said it would restrict users from trading GameStop and other stocks. A class action lawsuit was filed in New York Thursday, alleging that Robinhood “deprived their customers of the ability to use their service,” in an effort “to manipulate the market for the benefit of people and financial intuitions.”
Tag Archives: STOCKS
GameStop’s Surge on the Stock Market, Explained
Market Mayhem! Worldwide Plunge
Last year, steep declines in Chinese stocks were periodically followed by dramatic, if less severe, declines in U.S. and European stocks.
On 2016’s first day of trading, it’s more of the same.
WHAT IS SQUARE, AND WHY DID IT IPO?
Mobile payment service Square filed for an initial public offering (IPO) today. Here’s what it means…
