A week earlier, Charles Schwab and Fidelity had outages as well, the article reads, while TD Ameritrade also experienced problems. One theory surrounding the trouble is higher-than-normal trading as the market reacts to concerns about coronavirus. In December, Robinhood said it had 10 million users.
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Robinhood Crashes As Dow Jones Enjoys Record Day
Free trading service Robinhood crashed during a window of abnormally high volume trading, causing users to miss out on the largest one-day gain in the history of the Dow Jones Industrial Average. So reports CNBC.
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