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[Susannah] Robinhood has denied that it was being pressured
by hedge funds, who are holding
those losing positions, denied that it was
under pressure to make the short squeeze stop. Robinhood maintains
that it does act for its traders and certainly
not the hedge funds
by hedge funds, who are holding
those losing positions, denied that it was
under pressure to make the short squeeze stop. Robinhood maintains
that it does act for its traders and certainly
not the hedge funds
Full Transcript
00:00:01.000 --> 00:00:02.233
[Susannah] Robinhood has denied
00:00:02.268 --> 00:00:06.007
that it was being pressured
by hedge funds,
00:00:06.105 --> 00:00:09.073
who are holding
those losing positions,
00:00:09.108 --> 00:00:10.275
denied that it was
under pressure
00:00:10.309 --> 00:00:13.311
to make the short squeeze stop.
00:00:13.345 --> 00:00:16.347
Robinhood maintains
that it does act
00:00:16.382 --> 00:00:19.951
for its traders and certainly
not the hedge funds.
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Movie Summary
A group of young, risk-embracing day traders used social media to organize a massive stock buy-up. Jordan Belfort provides details about the story, exploring how it shook the world's markets.