: Robinhood Accidentally Sold Short On A Meme Stock And Lost $57 Million

MarketWatch.com - Top Stories, MarketWatch
Wed, 02/08/2023 - 7:04pm

Robinhood accidentally sold short on a small stock as it went on a meme-like ride in December, costing the trading app more than the stock's market cap today

NEXT
BING NEWS:
  • David Capablanca Talks Meme Stocks: A Fast and Faded Fad in Short Selling
    However, short-selling expert David Capablanca was able to use market knowledge and experience to capitalize on this unique and exciting trend.
    04/18/2024 - 7:43 am | View Link
  • Robinhood Markets Stock (NASDAQ:HOOD), Analyst Ratings, Price Targets, Predictions
    $16.63-30.85% Goldman Sachs ...
    04/14/2024 - 1:00 pm | View Link
  • Robinhood Stock (NASDAQ:HOOD): Gold Card, Market Boom Could Be a Boon
    With a new gold credit card (yes, it’s real 10-karat gold) shining a bright light back on the firm and its new growth prospects, perhaps it’s time investors give the meme stock kingpin a ...
    04/11/2024 - 1:06 pm | View Link
  • Where Will Robinhood Markets Stock Be in 1 Year?
    But its business model is still wobbly and its stock isn't cheap ... Stimulus checks and social media buzz about meme stocks and cryptocurrencies also drew more first-time investors to its ...
    04/7/2024 - 7:05 am | View Link
  • This Is Massive News for Robinhood Stock
    You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst ...
    03/27/2024 - 6:27 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News