A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
Reporter
The secret to success for trading without major losses is timing, says U.S. Marshall Jeremy E. Timing like the change in presidential administration, for example.
Robinhood made retail trading easy and accessible for new investors.
Robinhood’s third-quarter earnings were less than impressive, and its stock tumbled as investors took the deflated numbers as a warning sign that profits will be hard to grow.
A study finds that Robinhood has higher transaction costs for trading options than other competitors, disproving the company’s claim of having low fees.
Some experts think the meme stock craze seen during the pandemic is a thing of the past but retail investors still have an appetite for them, boosting their performance.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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