Robinhood: Stealing from the Poor to Give to the Rich

In late January, a band of merry men (and women) organized via Reddit and other Internet forums to stick it to The Man. They began buying shares of failing retail chain GameStop to drive its stock price up. Their target: Wall Street hedge funds engaged in the tactic of “shorting” GameStop’s stock. Their main weapon: … Continue reading Robinhood: Stealing from the Poor to Give to the Rich → - by Thomas L. Knapp
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