Robinhood Allows Users to Trade in GameStop, Shares Rise While Chattering Class Points Fingers


Robinhood CEO and founder Vlad Tenev visited with CNBC last night professing that actions taken to mitigate trading in GameStop (NYSE:GME) was to protect Robinhood as well as its users. Tenev’s decision to shut down purchases of GME was joined by outrage, not just by Robinhood account holders, but by some politicians and other advocates of retail investors. A reversal in the decision to stop trading last night has fueled renewed interest in shares of GameStop as the stock is poised to jump by over 80% 90% this morning.
Meanwhile, some policymakers are looking to curtail market activity in li