How bad is the fallout at Robinhood? π¦ π π
Apr 28, 2021
30 Comments
I transferred all of my stocks from RH to Fidelity, and they told me theyβve been flooded with people coming over from RH.
How bad is it over there?
comments
Sell me pre ipo stox? π₯Ίππ½
https://robinhood.com/us/en/support/articles/preipo-trading/
When GME happened, I received few super angry messages from really good friends. I felt really bad and sorry. Money is super important to everyone, we really take it seriously and doing a lot to improve after something like this. I can tell you, it was a lot of long nights of work for a lot of people in the company (if not everyone?)
Also our app has been several times #1 of the App Store in the past month. This gives a good indicator as well.
I think a lot of things can be found online (canβt reveal any info):
The app was downloaded more than 600,000 times last Friday alone, according to research from SimilarWeb and JMP Securities LLC. That was almost four times more its previous best day in March.
Source: https://www.bloomberg.com/news/articles/2021-02-04/robinhood-downloads-surge-as-it-plans-super-bowl-ad-after-gamestop-gme-revolt