Is This Meme Stock Finally Growing Up?
A couple of years ago the stock market experienced something seemingly out of a movie. A number of social media personalities began to emerge and garner the attention of the masses as people sat at home working remotely.
In the finance community, perhaps the most infamous of these online influencers was Keith Gill, otherwise known as Roaring Kitty. Gill was at the nucleus of the GameStop short squeeze. But on the other side of the equation was a little-known trading app called Robinhood Markets (NASDAQ: HOOD).
Robinhood found itself as one of the villains during this saga due to a number of questionable decisions by management -- namely, restricting trading in particularly volatile securities. Yet despite some turbulence in public relations, Robinhood has come a long way in the last couple of years.
Source Fool.com