Taking from the poor and giving to the rich was never supposed to be Robinhood’s thing.
Users of the free stock-trading app Robinhood were up in arms Thursday after the company blocked the purchase of several stocks associated with a short squeeze led by the subreddit r/wallstreetbets. Thankfully, just because their money is tied up in the Robinhood app doesn’t mean it has to remain that way.
The company, which once boldly proclaimed “let the people trade,” provides detailed instructions on how to transfer stocks out of Robinhood.
Let the people trade.
— Robinhood (@RobinhoodApp) March 23, 2016 Read more…
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