$8.6 billion trading app Robinhood is canceling its UK launch amid an explosion in day traders
The startup recently raised another $320 million at a valuation of $8.6 billion amid a boom in activity as millennials flock to trading during coronavirus.
Stock trading app Robinhood has postponed its UK launch indefinitely to focus its efforts on the US. but has delayed its launch date during the coronavirus pandemic. Robinhood will now take down its UK website, with 266,492 people on its waitlist.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks trade mixed as investors wait for new coronavirus stimulus from Congress - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
A glove maker's stock has skyrocketed 1,000% since April, surpassing Tesla's gains - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
9 stock picks to buy for outperformance, most innovative companies: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Tech stock prices not a bubble and can climb higher, strategist says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Tech stock, market rally similar to dot-com bubble, Mark Cuban says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Russia report reveals Moscow interference in UK politics and democracy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »