Jun 5, 2022
3 min read
A 24-Hour Stock Market Is a Truly Terrible Idea
Why did Robinhood think this was a good idea?
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…
