4 ms·
Selling is important because it lets people close out their positions as they need to. If Robinhood halted all trading they would have a huge mess à la the comp
by tylerhou 6y ago
Selling is important because it lets people close out their positions as they need to. If Robinhood halted all trading they would have a huge mess à la the complete shutdown back in March.
Buying exposes them to additional risk in the form of potential future lawsuits.