• Robinhood CEO says the meme-stock craze has helped ailing companies survive, and that high retail investor participation is fundamentally good for markets

    1 month ago - By Business Insider

    Robinhood CEO Vlad Tenev.
    AP/David Martin
    Robinhood CEO Vlad Tenev told CNBC retail investors in meme stocks have helped struggling companies.
    Tenev made his comments ahead of the trading app's own trading debut.
    Robinhood earlier this year angered many customers when it halted buying of GameStop, AMC, and other meme stocks.
    See more stories on Insider's business page .
    Robinhood CEO Vlad Tenev said Thursday that retail investors who've put money into so-called meme stocks have been a benefit to struggling companies and the market overall. "I think what's interesting with what we've seen...
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