Robinhood: What it is, and why is it facing a class-action lawsuit?

Robinhood restricted users from buying several stocks, including GameStop Corp (NYSE: GME), on Thursday citing extreme volatility fuelled by a Reddit group called WallStreetBets. GameStop has so far rallied more than 2000% in 2021. The move infuriated Robinhood’s users, one of whom filed a lawsuit against the trading platform in the Southern District of New […]