Shares of Robinhood Markets, Inc. (HOOD) are trading -6% lower at a price of $9.58 at the time of this writing. While it's generally been a somewhat pessimistic day for this part of the market, the company is floundering behind it's peers in the Financials sector.

Robinhood Markets, Inc. has been trading between a 52-week high of $52.06 and a 52-week low of $6.81. The stock has a market cap of $7.21 Billion.

Robinhood to Pay Less Than Half of Initial Bid for Crypto Firm Ziglu
Blockchain News 08-18-22

Robinhood lands steep 60% discount on $170M exchange acquisition: Report | Crypto Breaking News
Crypto Breaking News 08-18-22

Robinhood lands steep 60% discount on $170M exchange acquisition: Report
Coin Telegraph 08-18-22

Robinhood reduces acquisition offer for crypto app Ziglu by more than half
Medium 08-18-22

Robinhood Acquires Ziglu for Below Half of Agreed Price
BeInCrypto 08-18-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

koreawut - 9 upvotes - source
There is a chance Jessica Alba's car breaks down in front of your house on a dark and stormy night. She's also wearing a white top and her bra got ripped out while trying to hold the flashlight *and* the hood *and* an umbrella.

dalmathus - 7 upvotes - source
30 years long on a dying brick and mortar store propped up by 20-25 year old men with no financial literacy beyond making a robin hood account?

AtmosphereImportant2 - 7 upvotes - source
You can't effectively squeeze a going bankrupt company that nobody gives a shit about. No one is getting exited about a store that sells towels with a very poor long term outlook. You need two thing for an effective squeeze. High short interest and a good bull case, some kind of news that things will change. The biggest bull case for BBBY was RC. He saw what was behind the hood and didn't believe. Even the CEO sold a bunch of stock. At the end of the day in order for stocks to go up someone has to buy the stock higher than the previous person and so on. If the only reason you have to convince someone to buy stock is short squeeze most people are just gonna roll their eyes at you. Just let it go, lets all move on so this sub can heal.

HomedepotSong - 6 upvotes - source
This guy is not Robin Hood he is more like Scrooge McDuck and he just locked us in his vault looking at all his gold coins that we can look at but not touch

StayingInTheMoney101 - 6 upvotes - source
Seeing all these traders complain about not having AH/Premarket access. Get your dumbass to a real broker and request access (click of a button) so you don’t get rugged this bad again. Literally Sofi Webull even Hood allows it if you’re too broke for fidelity, schwab, or td ameritrade

Beautiful-Answer-877 - 5 upvotes - source
Who trades On hood

Fandusss - 5 upvotes - source
Buy hood be zen. Money is just their shitty arcade game tokens anyway. Keep feeding the machine until it breaks.

Observ1 - 4 upvotes - source
Stealing apes lunch money! Robin Hood in reverse. Given how belligerent these kids are it is refreshing to see their asses getting gauged!

afos2291 - 3 upvotes - source
$hood is free money rn

Throwawayeconboi - 3 upvotes - source
Dude halts are orchestrated by Robinhood to get you to sell your very valuable gaming store and towel store shares! Don’t you get it? Why would you want a halt? It’s evil stuff, invented by that damned Robin da’ Hood! /s