Robinhood raises $1bn from investors in emergency cover

Popular online trading and investing app Robinhood has turned to its investors to infuse additional capital to the tune of $1 billion amidst the ongoing turmoil on its platform.

Earlier on Thursday, the platform restricted the purchase of several stocks including GameStop, which had been driven to unusually high prices, mostly due to the r/WallStreetBets subreddit.



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Robinhood raises $1bn from investors in emergency cover

by govindparmar time to read: 1 min
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