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GameStop and other Reddit-favored stocks plunge as trading frenzy fizzles

Analysts predicted that the market frenzy, which has drawn the attention of regulators and politicians, was likely to fade, and said it was just a question of how soon.

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Robinhood Said to Keep Go-Public Plan, Weighing IPO or SPAC Deal

Robinhood Said to Keep Go-Public Plan, Weighing IPO or SPAC Deal Bloomberg 2/2/2021 Gillian Tan, Lizette Chapman and Annie Massa © Bloomberg The Robinhood website home screen on a smartphone arranged in the Brooklyn borough of New York, U.S., on Saturday, Dec. 19, 2020. Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency traders and other firms, putting a major compliance headache behind the brokerage even as new ones emerge. (Bloomberg) For months, Robinhood Markets’ plan to pursue an initial public offering midyear looked more and more auspicious. Now, it looks increasingly critical.

New yorkUnited statesElon muskNora chanGamestop corpOpendoor technologies incUniversity of pennsylvania wharton schoolBloomberg the robinhoodRobinhood marketSocial finance incOpendoor technologiesExecutive officer vlad tenevNew york tuesdayWall streetCait lambertonRibbit capital

Robinhood s Other Drama: An IPO Firm May Need More Than Ever

Robinhood Said to Keep Go-Public Plan, Weighing IPO or SPAC Deal Bloomberg 2/2/2021 Gillian Tan, Lizette Chapman and Annie Massa © Bloomberg The Robinhood website home screen on a smartphone arranged in the Brooklyn borough of New York, U.S., on Saturday, Dec. 19, 2020. Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency traders and other firms, putting a major compliance headache behind the brokerage even as new ones emerge. (Bloomberg) For months, Robinhood Markets’ plan to pursue an initial public offering midyear looked more and more auspicious. Now, it looks increasingly critical.

New yorkUnited statesElon muskNora chanGamestop corpOpendoor technologies incUniversity of pennsylvania wharton schoolBloomberg the robinhoodRobinhood marketSocial finance incOpendoor technologiesExecutive officer vlad tenevWall streetCait lambertonRibbit capitalபுதியது யார்க்

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