Breaking: Gamestop (GME) debate continues in Washington, Robinhood CEO says “I'm sorry”

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The fallout continues from the Gamestop saga as Congress hears from some of the main participants. Keith "Roaring Kitty" Gill who went by the name DeepF***Value on the /wallstreetbets forum said his investment in Gamestop (GME) is "based on the fundamentals".

Gamestop (GME) news

Robinhood Founder Vlad Tenev says "I'm Sorry For What Happened," also Tenev says he "doesn't think Robinhood did everything perfect".

Ken Griffin says Citadel Securities handles roughly 40% of retail volume. Robinhood CEO Tenev also said payment for order flow arrangement with Citadel Securities enables commission-free trading.

Earlier this week Keith Gill was sued in a class-action lawsuit over the Gamestop case.

 

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The fallout continues from the Gamestop saga as Congress hears from some of the main participants. Keith "Roaring Kitty" Gill who went by the name DeepF***Value on the /wallstreetbets forum said his investment in Gamestop (GME) is "based on the fundamentals".

Gamestop (GME) news

Robinhood Founder Vlad Tenev says "I'm Sorry For What Happened," also Tenev says he "doesn't think Robinhood did everything perfect".

Ken Griffin says Citadel Securities handles roughly 40% of retail volume. Robinhood CEO Tenev also said payment for order flow arrangement with Citadel Securities enables commission-free trading.

Earlier this week Keith Gill was sued in a class-action lawsuit over the Gamestop case.

 

The author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

This article is for information purposes only. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. It is important to perform your own research before making any investment and take independent advice from a registered investment advisor. 

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to accuracy, completeness, or the suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. The author will not be held responsible for information that is found at the end of links posted on this page. 

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