Robinhood Posts Ad for Washington Lobbyist as Regulation Looms Due to Stock Blocking

Jan 29, 2021 | EARNINGS

Short sellers on Wall Street have lost billions in recent days after betting against the future of several struggling firms that got unexpected wind in their sails from a group of online amateur stock traders. However, after brokerage firms cried foul and moved against the small-time traders, lawmakers cried manipulation and pledged to investigate.

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