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Tag: Robinhood Capital

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Robinhood is still (“raising”) insane amounts of cash even with stocks limited

Robinhood is fielding lots of controversy this week and it doesn't appear to be stopping anytime soon. According to Motley Fool, Robinhood has been once again raising funds despite the fact that they've suspended even more trades on certain securities and stocks. That fact isn't sitting well with some considering Robinhood claims that the reason why stocks were blocked was because they were running out of cash. So, why are they still blocked? Americans might not know but Congress soon will. In about two weeks, Robinhood 's executives have been summoned to the Capitol to discuss their moves and whether or not they were legal. House Democrats and other leaders reportedly made the subpoena this week amid reports and partially tangible claims that Robinhood appears to be in bed ...
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