A Robinhood glitch showed customers' balances plunged to $0 or less - just 2 weeks after it mistakenly listed AMC as bankrupt on the app
"What the DUCK !!!!! I am getting multiple reports that Robinhood briefly posted today that AMC filed for bankruptcy. How can companies like Robinhood do this? So ludicrous, so wrong, so irresponsible. On Friday, we report Q1 earnings, and will announce our sizable cash position."
Since launching in 2015, the trading firm has faced a slate of glitches and accusations reported by users, most notably being the trading halt during the meme-stock boom in January 2021. Later that year, it paid $70 million to settle regulatory allegations without admitting to or denying the claims, per the
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