Why Did Robinhood Restrict Trading During the Short Squeeze?
The recent short squeeze phenomenon was unlike anything investors have seen before, with some stocks multiplying several times over in very short periods on no news. In the midst of the volatility, trading platform Robinhood decided to restrict trading of certain stocks, a move which upset many of the company's loyal customers. In this Fool Live video clip, recorded on Feb. 2, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss why Robinhood may have decided this was the best move.
Source Fool.com