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by HNfriend234
1816 days ago
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Robinhood is expected to go public (IPO) soon. What does everyone think of the company now? I was going to invest but now I'm having second thoughts on it. Seems like the brand has been permanently tarnished by this situation overall. |
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I don't know whether Robinhood as a stock would be worth investing in (probably, but that's your decision to make).
As far as adverse press and reputation are concerned, these sorts of things only have a negative effect if they represent some kind of underlying/fundamental issue with the company.
Unless if you think that Robinhood will repeatedly be hit by regulatory fines, and that the fines or other actions are large enough to strongly impact their bottom line, the FINRA action probably isn't much of a factor.