Univaded Fox via Flickr Flickr
On January 28th, when people opened Robinhood hoping to buy into the stock market craze around companies like GameStop, they found something strange. They couldn't. Robinhood had frozen purchases of shares for a number of companies, but still allowed the selling of those shares.
The internet went crazy. Members of congress called for an inquiry. Could Robinhood even do that?
Today on the show: How Robinhood works. And what went wrong last week.
Music: "La Traición," "Tumbleweeds," and "Bayou Rising."
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"bad" - Google News
February 04, 2021 at 09:16AM
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Why Robinhood froze the buying of some stocks : Planet Money - NPR
"bad" - Google News
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