Personal finance startup Robinhood will run an ad on Sunday’s Super Bowl broadcast on CBS as it looks to repair damage to its reputation from its actions during the GameStop-AMC stock frenzy. (Watch the ad above.)Founded in 2013, Robinhood is a digital investing platform that bills itself as a democratizing force in the investment world.
But it drew fierce criticism in January for putting curbs in place to prevent traders, who had organized into a potent force on Reddit, from trading shares of companies like GameStop and AMC Entertainment.
Those stocks, along with others with institutional money wagered on their declines, had been put in a “short squeeze” by retail traders, resulting in a bonanza for some individual investors but billions
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.