It's odd to hear of a new feature coming to the platform. This week, the social media platform announced the integration of tickers for stock and cryptocurrencies.
The feature was referred to as $Cashtags in the company's statement. The symbol of a major stock can be entered directly into the search bar with a dollar sign in the front and a chart showing the price and current valuation. Clicking on the dollar sign will bring them to the same display.
The feature will be built from the ground up by a company called Trading View. After you access the price chart, a button can take you to a live price chart. It is unclear if the two have formed a partnership with the new launch.
The user wrote, "You really collaborated with Robin Hood on this?" I'm going to take a guess on what happens with the data.
How much is it for this?
Everyone was cheated by Robinhood during The GamestopPump. "We won't forget this."
The stock trading app of the same name is one of the financial services companies. The company made stock trading more accessible and is no stranger to controversy. Day traders took to the r/WallStreetBets to express their enthusiasm and get other traders to join them in their pursuit of the opportunity in GameStop stock. The stock of the company ballooned over the next few days. The company encourages free trading for the small investor, which is the opposite of this decision.
The idea that the company could turn trading on and off at will was exposed as the company faced a lot of backlash. Since the new feature is being held together with duct tape, users are skeptical about using it.