Watch: Robinhood CEO grilled at GameStop hearing
House lawmakers grilled the CEO of Robinhood Market's Inc., an online trading platform that's popular with individual investors as they examined whether the recent wild swings in the price of GameStop exposed conflicts in the market's structure that can hurt unsophisticated investors. GameStop shares soared 1,600% in January before falling back to Earth. The drama entangled huge short-selling hedge funds, a social media message board and ordinary investors wanting in on the hottest new trade.
