Members of the r/Robinhood subreddit decried the firm's slow rollout of the buzzy new feature in a post on Wednesday. The company announced its fractional trading service on December 12, though the program is in "early access" with more than 1.2 million users on its waitlist, according to the Robinhood app., allowing clients to immediately trade slivers of shares without a waiting list.
"Robinhood, if you're looking at this: this is what happens if you delay and waitlist everything. It's not gonna generate hype, just cause us to move to other platforms," another user wrote.Everyone from Robinhood to Fidelity is hyping fractional share trading — here's why they want to get you hooked on $1 slices of stocks
The company took on an early-mover reputation as older firms rushed to offer similar products, but with most brokers, Robinhood faces new competition from the services it sought to replace.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AT&T sets its future course after Q4 earnings - Business Insider - Business InsiderAT&T's mediocre Q4 2019 earnings shed light on the company's plan to intertwine its media and connectivity businesses while reducing its debt. super!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook's Oversight Board to be ready by summer - Business Insider - Business InsiderFacebook likely hopes to regain trust among stakeholders by creating a board that is both representative and transparent in its decision-making
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon's marketplace business boomed during the holidays - Business InsiderOne of Amazon's most overlooked business just crushed another stellar quarter, and helped pump up profit margins Tesla just crushed their quarterly earnings too. I didn’t realize business insider is paywalled now or I’m missing something. I think this is a bad move. I would politely recommend they focus on volume and repetitive growth over margin given their relative market position as perceived by me
Source: BusinessInsider - 🏆 729. / 51 Read more »
After losing my job and boyfriend, I started my own business - Business InsiderWhen I lost my job and boyfriend around the same time, I decided to become a yoga instructor — and now I run my own business (by SheenaxSharma) SheenaxSharma When she lost her job she found another one ... imagine that ... not sure how this is a story but good for her I guess SheenaxSharma So life
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon's third-party seller business is bigger, more profitable than AWS - Business InsiderAmazon's cloud-computing businesses gets lots of attention. But people are missing a key part of its retail business. 👌 Bezos is just trying to hype his stock. So what is his special sauce worth. He doesn't care about earnings so can't value the stock on that. This valuation is so high that it already discounts many great jams tomorrow. When you are as big as Amazon it is hard to deliver growth. Someone please sign up to the website and summarize the article for us.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's exactly when you should write your startup's business plan - Business InsiderExperts who studied over 1,000 founders say there is a specific time in the startup lifecycle when it makes the most sense to write a business plan.
Source: BusinessInsider - 🏆 729. / 51 Read more »