How a Trading Error Cost Robinhood $57 Million
- Thread starter ETJ
- Start date
I de-paywalled it for you, using archive.today, see https://archive.ph/EVhQQ
Robinhood lost $57 million because of a mistake processing shares in a tiny healthcare company in December, an error that cost the broker about 7 cents per share in the fourth quarter. That single mistake, which the company says it corrected quickly, was the difference between Robinhood beating and missing earnings expectations. Robinhood posted a 19-cent loss in the quarter, versus expectations for a 15-cent loss....
Robinhood lost $57 million because of a mistake processing shares in a tiny healthcare company in December, an error that cost the broker about 7 cents per share in the fourth quarter. That single mistake, which the company says it corrected quickly, was the difference between Robinhood beating and missing earnings expectations. Robinhood posted a 19-cent loss in the quarter, versus expectations for a 15-cent loss....
ahh the good ole overlooked corporate action , funny stuff
Thanks. Could you please list each step for de-paywalling the article.
Go to https://archive.ph/ and paste in the URL of the pay-walled article. You can also go to archive.today
It works now. I had internet transmission issues yesterday. Here is my tip. It is necessary to disconnect modem every 55days and then reconnect to refresh signal.