Gamestop Robinhood. Interestingly the landing page contained a hidden Easter egg in the form of a small white pixel on the top right corner. In fact there are multiple companies that have caught the attention of investors looking for a short squeeze.
Robinhood only wants users to have a limited number of shares of companies like GameStop and that number keeps getting smaller and smaller. GME stock has tumbled 67 from its 52-week high of 483 per shareHowever if fundamentals still matter the stock will drop much more. Some observers have raised questions about whether whats happened with WallStreetBets and GameStop might draw regulatory scrutiny around.
In the wake of Robinhoods decision to halt GameStop trading investors have filed 90 lawsuits against the broker-dealer claiming the actions were unlawful.
Now the legal journey begins in earnest on. During the hearing Vlad Tenev CEO of Robinhood. A class-action lawsuit was filed in the Southern District of New York against Robinhood for restricting trades. Yet while the seven-year-old investment company.