Robinhood Markets, Inc. (HOOD)
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- Motley Fool
1 Robinhood Stock That Could Crush the Market in the Long Run
Robinhood (NASDAQ: HOOD), a digital trading platform based in Menlo Park, California, gained immense popularity among millennials and Gen Z investors in recent years. During the peak of the COVID-19 pandemic, Robinhood Markets saw an influx of attention, as its commission-free platform allowed traders to seamlessly and inexpensively buy stocks and options in highly popular names. A surge in the buying and selling of so-called "meme stocks" resulted, with many experts citing the rise of retail investors via platforms like Robinhood as one of the determining factors behind a number of high-profile short squeezes seen last year.
- Yahoo Finance
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- Motley Fool
Hackers Use Twitter to Promote Fake Robinhood Crypto
Hackers used the social media accounts of online stock and crypto broker Robinhood to promote a scam token on Wednesday. Fraudsters used a now-deleted post to promote a supposedly new Robinhood token. According to Decrypt, the hackers made off with around $8,000 worth of Binance Coin (BNB) tokens.
