Cos of their shitty policies and customer support. Only good they had was low rates and good ui but users reported that buying the same security on robinhood was more expensive than buying it on a different broker. Plus fuck Vlad for GME scandal
The GME scandal wasn't just Robinhood. Plenty of other platforms also restricted buying and they only did it because they ran out of cash to meet the clearinghouse requirements.
No, their stock performs pretty well compared to other recent IPO. Look at c3.ai, Poshmark, lemonade, compass, coupang, lazr, wish, blend, most of them are only 1/3 of their peak
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