In eliminating barriers to investing in the stock market, is the app democratizing finance or encouraging risky behavior? The app gives new investors an easy way to buy and sell stocks. Its founders say that it could help reduce inequality, but critics fear that it will only reinforce the wealth gap.
Read Sheelah Kolhatkar's article in The New Yorker HERE.
Thursday 13 May 2021
Robinhood’s Big Gamble
Labels:
finance,
GameStop,
investment,
Robinhood,
securities,
Wall Street