Business
Robinhood surges more than 50pc as day traders pile in – The Australian Financial Review
Shares in the zero-fee trading platform rose as much as 82 per cent, before easing, as retail traders poured into the stock.
Trader chatrooms, such as those on StockTwits, and Twitter feeds were aflame with mentions of Robinhoods surge. Users compared the surge to the massive rallies staged by so-called meme stocks like GameStop and AMC Entertainment Holdings earlier this year.
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