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'Dumb Money' shows how Vlad Tenev's Robinhood investing app fueled the GameStop stock frenzy — here's where the former billionaire is now

Summary by Ground News
Robinhood CEO Vlad Tenev says he has not seen "Dumb Money" and was never contacted about it. He is still the company's CEO and is trying to distance the company from its association with what happened in 2021. The company had the worst opening-day performance on record among 51 US companies.

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'Dumb Money' shows how Vlad Tenev's Robinhood investing app fueled the GameStop stock frenzy — here's where the former billionaire is now

Sebastian Stan as Vlad Tenev in "Dumb Money."Sony Vlad Tenev is the cofounder and CEO of Robinhood, an app that makes it possible for anyone to buy and sell stocks. It became a major tool retail traders used to pump up the stock of GameStop. "Dumb Money" chronicles the GameStop surge and how Tenev's shutdown of Robinhood sparked a government investigation. The new movie "Dumb Money" follows the main players responsible for the GameStop stock sur…

·United States
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INSIDER broke the news in United States on Saturday, September 30, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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