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News from The Associated Press, and a taste of the great journalism produced by AP members and customers.

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    The Associated Press‏Verified account @AP 19 Jul 2021

    Robinhood, the online brokerage embroiled in this year's meme stock phenomenon, will go public seeking a market valuation of up to $35 billion. Robinhood’s popularity has forced rivals to get rid of commissions and offer apps that make trading easier.http://apne.ws/o8qEDb5 

    11:17 AM - 19 Jul 2021
    • 35 Retweets
    • 91 Likes
    • JJ Gatica khder kareem Jake Bullington Mommy of Everypony Gabriell Pellegrini sarie 💕✨ ほっといて JM Monty_G_Pearson
    20 replies 35 retweets 91 likes
      1. magma cum laude‏ @sciencekiddoo 19 Jul 2021
        Replying to @AP

        Finally! Hope this does well

        0 replies 0 retweets 0 likes
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      1. Maurice‏ @MauriceTyshon 19 Jul 2021
        Replying to @AP

        Woo-hoo!

        0 replies 0 retweets 0 likes
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      1. mae‏ @maelovesdorks 19 Jul 2021
        Replying to @AP

        can’t wait to short this 🤪 $AMC $GME

        0 replies 1 retweet 3 likes
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      1. New conversation
      2. Vassilis Xerikos‏ @VXerikos 19 Jul 2021
        Replying to @AP

        Why would anyone want to trust an agency that screwed over their clients in such a blatant way?

        1 reply 1 retweet 1 like
      3. Jacob Mauren‏ @jacob_mauren 19 Jul 2021
        Replying to @VXerikos @AP

        I think it came out that they literally ran out of money to continue trading. It was annoying but they literally didn’t have the cash to trade the way it was going down.

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. kev‏ @kev10648088 19 Jul 2021
        Replying to @AP

        SEC should take a close eye at the manipulation they did by shutting off the buy option in a “supposedly free” market.

        0 replies 1 retweet 6 likes
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      2. Trojan1109‏ @trojan1109 19 Jul 2021
        Replying to @AP

        Isn't it a conflict of interest to sell your own stock on your own platform?

        1 reply 0 retweets 2 likes
      3. Pepe Silvia‏ @PepeSilvius 19 Jul 2021
        Replying to @trojan1109 @AP

        You must be new to the financial industry, conflict of interest is the name of the game

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Carl W. Spackler‏ @CWSpackler 19 Jul 2021
        Replying to @AP

        And they will literally end up getting shorted into oblivion by their own users. It will make their ipo the biggest backfire in history. They'll attempt to halt trading on themselves in their own app, which will be viewed as "bad". This will become apparent as they get closer.

        0 replies 0 retweets 4 likes
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      1. US Patriot‏ @Livingfortheli1 19 Jul 2021
        Replying to @AP

        They should be shut down. Cannot trust them at all.

        0 replies 0 retweets 0 likes
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