Robinhood failed to disclose certain trading data that regulators have previously fined other brokerages for, report says
The data relates to stock trades executed under its fractional-share service, launched in December 2019.
Robinhood trading
Robinhood looks to allow users to buy directly into IPOs, report says
While Robinhood could easily implement this for its own IPO, it remains to be seen how other companies will react.
Robinhood has filed confidentially for a US IPO
The trading app, popular among retail investors, has selected Nasdaq as the venue for its listing, according to Bloomberg.
GENERATION ROBINHOOD: How the trading app conditioned its inexperienced users to obsessively play the market
Robinhood users love the app, but regulators say they love it too much. Insider spoke with tech experts about how the startup has changed investing.
Robinhood raises additional $2.4 billion as app continues to deal with Reddit-trader frenzy
Robinhood has now raised a total of $3.4 billion over just a matter of days as it works to meet immense investor demand.
'Anarchy never works': Webull CEO Anthony Denier told us why the SEC should intervene as an army of Reddit traders takes over the market — and said membership exploded as people jumped ship from Robinhood
"Regulators are going to say something. And they should. And they should step in," Webull CEO Anthony Denier told Insider in an exclusive interview.
Robinhood faces SEC investigation over deals with high-speed trading firms, report says
A settlement fine could exceed $10 million, but a deal is unlikely to be announced this month, sources told The Wall Street Journal.
Robinhood closes $200 million Series G funding round at valuation of $11.2 billion
Robinhood's latest funding round comes as millions of retail investors flock to its app to capitalize on pandemic-fueled market volatility.
One hedge fund reportedly gained 30% this year by following stocks popular on Robinhood
The uptick in day trading has created "the late 90s type of environment I thrive on," Sender told Bloomberg in reference to the tech bubble of that time.
More than 34,000 Robinhood traders piled into Kandi Technologies in a single day as shares surged
The only company that Robinhood accounts have added more shares of in the last day is Eastman Kodak, according to Robintrack.
Nearly 36,000 Robinhood users added Pfizer shares Wednesday after the US government ordered 100 million doses of its coronavirus vaccine
Pfizer is the most-added stock on Robinhood in the last 24 hours, according to data from Robintrack.net.
Nearly 40,000 Robinhood day traders added Tesla shares in 4 hours Monday as the stock whipsawed
Tesla is the 10th most popular stock on Robinhood and is higher ranked than Amazon, according to Robintrack.
Robinhood is making more money per trade than rival brokerages as millennials rush into day-trading
Robinhood took in $0.0024 per equity trade, allowing it to make more than Charles Schwab and E-Trade despite hosting fewer transactions.
Dave Portnoy, the poster child of the day-trading boom, told us why he thinks Warren Buffett is 'past his prime' and was wrong to ditch airline stocks
"We would have to retest and surpass the all-time lows of the stock market for him to be right," Portnoy said.
The Robinhood tracking site Wall Street is obsessed with was built by a college senior as a side project
"It was neat to see that the institutional investors are interested in the data just the same as everyone on Twitter," Casey Primozic told Bloomberg.
'Credit where credit is due': Robinhood investors called the market bottom, showing 'impeccable' timing, Societe Generale says
"For all the mocking of Robinhood investors, their timing back into the market looks impeccable," wrote Andrew Lapthorne of SocGen.
Robinhood traders are not behind the market's recent rally, Barclays says
An analysis showed "compelling correlational evidence that Robinhood investors are not systematically pushing up stock prices," said Ryan Preclaw.
Robinhood says it resolved a technical issue that caused earlier display delays
"We encountered a technical issue this morning that caused a delay in your app displaying order updates," the company tweeted, adding it'd been fixed.
Robinhood maxed out its $200 million line of credit last month amid market chaos, report says
The $200 million credit facility was reportedly provided by Barclays, Citigroup, and JPMorgan Chase.