#Sell on robinhood app movie#

#Sell on robinhood app movie#

Meanwhile, AMC EntertainmentВ (NYSE: AMC) CEO Adam Aron stated that the movie theater chain is exploring options for accepting Shiba Inu. Inexplicably, Robinhood crypto COO Christine Brown recently shot down the notion that Shiba Inu will be making an appearance on the platform anytime soon. Specifically, Robinhood should list the canine-themed altcoin Shiba InuВ (CCC: SHIB-USD) on its exchange. And itвЂ™s something that would make Robinhood more competitive. ItвЂ™s okay to celebrate this win, but the billion-dollar question is: what could prompt a turnaround in HOOD stock now?ДЄ simple action would make this happen, I believe. Thus, Robinhood Markets dodged a bullet there. District Judge Cecilia Antonaga of the Southern District of Florida didnвЂ™t feel that the evidence was strong enough to support the accusations of illegal collusion. This lawsuit accused Robinhood of colluding with Citadel Securities to prevent investors from buying so-called вЂњmeme stocks.вЂќДЄpparently, U.S. Apparently, a federal judge just dismissed a major lawsuit against Robinhood Markets. To help you out, IвЂ™ll give you another reason right now. So, if youвЂ™re a fan of Wood and/or her funds, this could motivate you to pick up a few Robinhood shares - though it shouldnвЂ™t be your only reason. WoodвЂ™s well-known fund, the ARK Innovation ETFВ (NYSEARCA: ARKK) reportedly purchased 233,353 shares of HOOD stock. Chances are pretty good that youвЂ™ve heard of Cathie Wood and her company, Ark Invest. By that, I mean thereвЂ™s a famous fund that recently loaded up on Robinhood shares. Still, at least the shareholders can say that theyвЂ™re in good company. 24, the share price had declined to around $28. This figurative tree fell hard and fast as HOOD stock lost 50% of its value in just a few weeks. As the old saying goes, trees donвЂ™t just grow straight to the heavens. That run-up wasnвЂ™t meant to last forever, though. ItвЂ™s possible that Reddit users were involved in this rally - there was even a Reuters headline announcing, вЂњRobinhood surges 65%В on Reddit buzz.вЂќ The next thing you know, there was a mad rush to buy the shares and the short-sellers were running for the hills.ДЄstoundingly, HOOD stock soared to $85 on Aug. Yet, that wasnвЂ™t the end of the story - not even close. ItвЂ™s possible that this was an example of вЂњbuy the rumor, sell the news.вЂќ

As it turned out, HOOD stock fell more than 8% on its first day of trading. Going back to the beginning, Robinhood went public on July 29 and priced its shares at $38 apiece. ThereвЂ™s one crypto coin in particular thatвЂ™s gaining popularity quickly - and Robinhood can either give the people what they want or get left behind. If anything could benefit Robinhood and its shareholders in the coming months and years, itвЂ™s a greater acceptance of cryptocurrency.