Literally nothing in that article is negative.. It is them going IPO and needing assets to fund such. They are about to be going public / $$$$$$$$
From OP's article: Companies often secure a credit line before going public and this will make sure Robinhood has a strong capital and liquidity position
"...The move would come several months after the firm raised debt and $3.4 billion in equity to comply with a margin call from the industry’s clearinghouse..."
Literally nothing in that article is negative.. It is them going IPO and needing assets to fund such. They are about to be going public / $$$$$$$$
From OP's article: Companies often secure a credit line before going public and this will make sure Robinhood has a strong capital and liquidity position
"...The move would come several months after the firm raised debt and $3.4 billion in equity to comply with a margin call from the industry’s clearinghouse..."
<back slowly away>
Yes!
I was reckoning it was to raise their valuation by having a larger balance sheet.
they gonna have to pay out soon when gme goes moon?
Nah, I doubt it.
You're probably right.
I bet they want apes to short it. Best thing for apes to do is just ignore it.
These fuckers are going to bankrupt America. Let the fire sale begin.