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Sunday, August 9, 2020

Robinhood app luring and robbing amateurs — like in the dot-com era


Robinhood app luring and robbing amateurs — like in the dot-com era



In the 1990s, newbie investors took the brunt of the dot-com crash, with some losing their lifesavings, well after professional traders had sold their positions. Now history may be repeating itself in the form of Robinhood, a stock-trading app that has become something of a cultural phenomenon during the pandemic.

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