A 24-Hour Stock Market Is a Truly Terrible Idea

Why did Robinhood think this was a good idea?

Photo by Jamie Street on Unsplash

After hearing Robinhoods idea to create a 24-hour stock market, their stock shot up nearly 20% over a couple of days. While this might be a good thing for Robinhood’s stock, effectively tripling the amount of time they can earn revenue, it’s an overall terrible idea. The idea behind the stock market hours isn’t that it can’t be done, but…

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Caleb Naysmith

Caleb Naysmith

1.6K Followers

Founder of Democratizing.Finance — Law School student, Army Officer, and writing about Startups and Equity Crowdfunding!