![]() On Thursday, in federal litigation filed in Manhattan and Chicago, Robinhood was named as a defendant. The big rally in these stocks was fueled by Reddit-inspired traders on r/WallStreetBets. Users accuse Robinhood, a stock trading platform, of automatically selling shares of the customers, according to several tweets and screenshots posted by the users on Twitter.Įarlier today, two customers of Robinhood Markets sued the company after it restricted the transactions of GameStock and other stocks.
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