Jan 27 (Reuters) – Robinhood Markets Inc (HOOD.O) became a household name ahead of its stellar IPO last year, when retail investors used its trading app to drive shares of GameStop and other “meme stocks” into the stratosphere, but name recognition has not helped its share price lately. “The market is not being very patient … Read more
WASHINGTON, Jan. 26 (Reuters) – A year after the “share meme” rally that humbled hedge funds and rattled Wall Street, U.S. regulators are studying ways to crack down on psychic routers used by Robinhood Inc (HOOD.O) and others. From companies without commissions. Brokers to promote stock trading frequently on smartphone applications. The Securities and Exchange … Read more
NEW YORK (Reuters) – Bank stocks have surged in recent weeks, but the rebound in hedging in a major financial sector exchange-traded fund may be a sign that investors are wary of earnings season volatility, options market experts say. . As major banks such as JP Morgan (JPM.N), Wells Fargo and Citigroup Inc (CN) prepare … Read more