Robinhood users lash out on Twitter as outage keeps them on sidelines of market rally

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Hundreds of angry Robinhood users took to Twitter and Reddit to blast the start-up after a technical outage kept users from trading Monday.

and Reddit to blast the start-up. Some said they would leave the platform, while others threatened a class-action lawsuit.

On the fifteenth page of the agreement, Robinhood outlines that it will not be responsible for "temporary interruptions in service due to maintenance, Website or App changes, or failures" and isn't liable for extended interruptions due to failures "beyond" the company's control. That includes computer viruses, "forces of nature," labor disputes and "armed conflicts.

While there have been plenty of glitches over the years, Angel said he hasn't seen anything this severe since trading entered the electronic era. The "real damage" to Robinhood is to their reputation and potential regulatory push back, he said. Ryan Gilbert, general partner at Propel Ventures, said this is an example of start-up "growing pains." But the start-up script may not work as the company grows in scale.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Today people are gonna sell

No robinhood is down again!!

Happening again today

Lies lies lies

thedave2006 Wtf is Robinhood? 🧐

Today they buy.

RIP Robin Hood , here comes the churn

RIP all the 3/2 weekly option holders.

Does anyone over 12 years old actually use Robinhood?

I was irritated I wasn’t able to improve my personal portfolio with more Berkshire Hathaway but I was still able to dump over $1,200 into the company as a 17 y/o to add to my already established position!

Bunch of spoiled know it alls throwing temper tantrum

Eggs in one basket 😱

Robinus

I made a complaint with FINRA. Let’s see what happens.

I still like the app, it sucked butt not being able to use it today but that is life. Back at it tomorrow

It’s called thinkorswim

My bro lost $250 lol told me about six times 😒

Not a good name for a financial app.

Free service. Imagine the free service from Bernie.

Not even sidelines. Some users were in the gutter, especially if they had positioned themselves as short on S&P 500 for today...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global Stocks Gain on Stimulus HopesStocks world-wide rallied, following U.S. markets higher on hopes that interest-rate cuts and government action will be able to cushion the impact of the novel coronavirus epidemic. Too bad us investment managers aren't. Lulz Hysteria subsides.
Source: WSJ - 🏆 98. / 63 Read more »

Western Asset Calls Top of Treasury Market RallyPanicked buying of U.S. government bonds in reaction to the global spread of the coronavirus has set Treasurys up for a fall, the bond-investing firm’s deputy chief investment officer said. Your Editor are racist and Cheap. Big Blot on the name of Media. WSJ Editors team is seems to be paid by Extremist and terrorist as their team don't do fact check. Just for cheap popularity they wrote Fake news in Indian violence. Police FIR is being lodged against WSJ in India
Source: WSJ - 🏆 98. / 63 Read more »