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Hundreds of thousands watch as AOC takes on Robinhood on Twitch

Published 01/29/2021, 12:29 AM
Updated 01/30/2021, 02:20 AM
Hundreds of thousands watch as AOC takes on Robinhood on Twitch

Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop (NYSE:GME) after the short squeeze engineered by r/WallStreetBets.

Hours earlier, Ocasio-Cortez, who sits on the House Financial Services Committee, slammed Robinhood for favoring the interests of the ultra wealthy at the expense of ordinary investors.

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Latest comments

Robinhood simply mismanaged the situation. Like a bad ref made a terrible gamechanging call at the 11th hour costing many of investors the game. They declared they did it preemptively... they should have done it the night before when the markets were closed and informed their clients so they could act accordingly. Question is, did they move in that way with knowledge of how it would benefit their stakeholders in gamestop at the cost or their robinhood clientell, or not?
No they covered their customer. I bet they got a lot of angry phone calls from big funds. What they did was pure and simple manipulation.
Ultra wealthy? The whole world had gone crazy. Regular people were short.
Is unfortunate regular people who got roped into a 100% short because hedges
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