Robinhood Markets Inc(NASDAQ:HOOD) has purportedly ceased 24-hour trading, raising concerns among investors. This action is said to align with the increasing tensions between Iran and Israel.
What Happened: On Friday, finance influencerAmittook to X to address the 24-hour trading halt by Robinhood, saying, "Robinhood is saying 24-hour trading is currently unavailable. I think this is actually pretty normal and to be expected during what seems like a black swan event and everyone freaking out about this doesn't understand the 24-hour trading product."
He further explained that the halt is due to the intensity of selling...
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