Robinhood Just Lost $69 Billion in 6 Months...
发布时间 2022-02-25 20:00:06 来源
摘要
Not too long ago, Robinhood was the go-to stock for many retailers who fell in love with the apps, UI, zero-commission trading, and convenience. However, ever since Robinhood halted trading on GameStop, the sentiment surrounding Robinhood just hasn't been the same. For the first time, it became questionable if Robinhood was truly on the side of retail investors or if that was just a marketing strategy. The truth seems to be somewhere in between. Robinhood was started with great intentions of helping the little guy after Occupy Wall Street; however, given that Robinhood doesn't charge traders any fees, they have to make up that disparity through other means. One of these other means is payment for order flow, and it looks like this is what tied their hands during the GameStop fiasco. Despite this explanation, many retail traders aren't satisfied and have pledged to never use Robinhood again. This video explains the story of Robinhood and how Robinhood lost $69 billion in market cap in a matter of 6 months.
Socials:
https://www.instagram.com/hariharan.jayakumar/
Discord Community:
https://discord.gg/SJUNWNt
Timestamps:
0:00 - The State Of Robinhood
1:23 - Virtuous Ambitions
3:29 - Explosive Growth
5:42 - Broken Revenue Model
7:55 - More Red Flags
9:41 - One Last Hoorah
11:21 - Impossible Comps
Thumbnail Credits:
Brendan McDermid
https://bit.ly/3pcmu3m
https://bit.ly/3IkGrMK
Resources:
https://pastebin.com/RUsU0xPm
GPT-4正在为你翻译摘要中......
