AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/01/28/gamestop-robinhood-aoc-ted-cruz-tlaib-khanna-robinhood/

With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning.

Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out the company.

AOC, Ted Cruz slam Robinhood for freezing some trades amid GameStop volatility

Jan 28, 2021, 6:22pm UTC
https://techcrunch.com/2021/01/28/gamestop-robinhood-aoc-ted-cruz-tlaib-khanna-robinhood/ > With Reddit’s interest in sending some stocks soaring showing no sign of slowing down, the trading app Robinhood started restricting some transactions Thursday morning. > Reddit wasn’t happy — and neither are some lawmakers. The incident apparently struck an unusual bipartisan chord, with Texas Republican Ted Cruz throwing his weight behind progressive Democrats who called out the company.