Robin Hood Facing 30 Lawsuits Over Shutting Down Trading

(TheDailyHorn.com) – Last week, a group on Reddit arranged to drive up the stocks of several struggling companies. Chief among them was GameStop. Days prior to the January 27 event, GameStop shares sold below $20 per share. After the r/WallStreetBets message board targeted the ailing firm, its stock price shot up to $347.51 by the close of trading. The Reddit group stated they were attempting to counter Wall Street hedge funds about to make billions …

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