Robinhood app for mac11/6/2023 ![]() ![]() ![]() GME was one of several stocks whose value shot up when a bunch of Reddit users entered into a coordinated buying spree.Īny significant increase in demand for a stock tends to push the price up, but there was an extra factor in this case. We explained back in January what was happening at the time. ![]() Once host to stock-pumping that saw near-worthless stocks like GME reach stratospheric levels before the app paused trading in them, the app has now paused trading in its own stock as a temporary trading halt was imposed … The story of the Robinhood stock trading app has come full circle.
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