#ApesNotLeaving - Citadel CEO Ken Griffin Versus the Apes
Channel: TekkLuthor
Date: 2021-09-30

Robinhood appears to have known about the Reddit-driven GameStop volatility and euphoric short squeeze back in January, CNBC reports, based on documents in a lawsuit showing conversations between executives.

The plaintiffs from the suit allege they suffered damages when the online financial services platform enacted trading restrictions on January, 28.
Shares of HOOD rise 0.9% on Monday.

Robinhood (HOOD) Chief Operating Officer Gretchen Howard messaged internally that the company was facing a "major liquidity crisis," CNBC notes, according to the suit; however, CEO Vlad Tenev told CNBC a day later, on Jan. 29, "there was no liquidity crisis."