Robinhood reports 43% revenue decline

Re:Robinhood reports 43% revenue decline by paulgb on Friday April 29, 2022 @03:09PM (#31209434)

> normal operations

But that's the thing, a bunch of their userbase aping into one stock isn't (or rather, wasn't) normal operations. It's the financial markets equivalent of jumping in an elevator.

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Re:Robinhood reports 43% revenue decline by j-bos on Friday April 29, 2022 @03:17PM (#31209526)

Can't help but say, elevator's are designed to handle jumping, even many people jumping.

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Re:Robinhood reports 43% revenue decline by paulgb on Friday April 29, 2022 @03:21PM (#31209576)

There's a good chance you'd trigger the failsafe though, right?

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Re:Robinhood reports 43% revenue decline by gruez on Friday April 29, 2022 @03:43PM (#31209790)

Specifically a failsafe that temporarily halts the operation of the elevator ;)

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Re:Robinhood reports 43% revenue decline by Dma54rhs on Friday April 29, 2022 @04:38PM (#31210321)

They gave safety modes as well even things get out of ordinary.

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