Robinhood takes out full-page New York Times ad claiming it is humbled | Daily Mail Online
The online brokerage Robinhood has taken out a full-page ad in the New York Times saying that it is ‘humbled’ after recent controversy over its limits on buying certain stocks during the ‘meme stock’ frenzy fueled by an army of small investors on Reddit.
The ad on Tuesday follows massive backlash against the popular trading app, which at one point last week restricted the purchase of 50 different stocks as it struggled to meet capital requirements.