Robinhood Users Defy Smart Money on Tech and Win: Taking Stock
(Bloomberg) — Going against the smart money flow has been a winning strategy for Robinhood traders, at least when it comes to big tech. Retail traders kept boosting their positions in technology megacaps, even as professional stock pickers trimmed…
Tech Executive Charged With PPP Fraud Deposited in Robinhood
(Bloomberg) — A technology executive in the Seattle area was charged with fraudulently applying for more than $5.5 million in U.S. small-business loans and laundering some of the money into his personal Robinhood brokerage account. Mukund Mohan…