Down 58%, Here's Why Robinhood Still Isn't a Buy
Stock broking is a profession as old as the markets themselves, but the practice has evolved over time with the help of technology, which has made investing far more accessible.
With the swipe of a finger on their smartphones, the youngest of investors can now buy and sell an entire suite of financial products, and at the center of it all is app-based broker Robinhood Markets (NASDAQ: HOOD).
At first, there was much enthusiasm about the innovative nature of Robinhood's business, but it has seemingly come crashing down amid a swathe of regulatory issues, a questionable shift into cryptocurrency markets, and now a significant data breach.
Source Fool.com
