Looking Into It
The US Securities and Exchange Commission will investigate Robinhood from preventing users from trading shares of GameStop and seven other companies. A couple of other platforms also did the same thing and will undergo similar procedures. If you ask us, this is a win for the regular Joe.
Looking Into It
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The Media Blamed The People
The media kept blaming the volatility of the stock market on the users of Reddit. By doing so, they depicted the billionaires and the hedge funds as the victims here. It is a good thing that the internet is around. This way, people can understand the situation and figure out who is truly at fault here. Keep in mind that the small investors did not do anything illegal in this situation.
The Media Blamed The People