Monday, 1 February 2021

Exclusive: Robinhood Explores Raising More Debt To Fulfill Reddit-fueled Order Frenzy - Sources

Robinhood, the U.S. online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising $1 billion in debt so it can continue to fulfill orders for heavily shorted stocks, according to people familiar with the matter.

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