Robinhood Releasing Super Bowl Commercial In Midst of GameStop Stock Controversy
The GameStop stock Exchange Scenario Was a Fascinating spectacle to see unfold from the sidelines for the last week or so today. The situation that started as a consequence of this Wall Street Bets subreddit has exploded to an unparalleled modern-day occurrence, causing a myriad of equally positive and negative consequences for all those involved.
One Of these terrible outcomes surrounds an investment and stock trading program named Robinhood, which came under an intense wave of outrage after its decision to limit the trading of GameStop stock throughout the height of this circumstance. Currently, Robinhood has launched a new commercial through Twitter, which will allegedly air throughout the 2021 Super Bowl, and it is getting a reasonable bit of backlash on interpersonal networking.
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Ahead of this Previous few months’ events, Robinhood had a very large reputation among investors due to the program’s simplicity of use when becoming involved with stock trading and investment. On the other hand, the business experienced extreme backlash following delisting GameStop and AMC stocks while Wall Street Bets was impacting the marketplace. Many investors and users took umbrage with this choice, leading to the program getting inspection bombed with adverse opinions for basically protecting big hedge funds from additional financial loss. As a consequence of all this, Robinhood’s standing in the public eye has tanked considerably in the high ranking it sat comfortably on just a couple of weeks ago.
It appears Robinhood’s PR group is hoping to mitigate the adverse public image that the program is cultivating after the GameStop stock scenario . The commercial in question is obviously an effort to demonstrate that Robinhood is an investment program to the everyman, demonstrating the motto”we are all shareholders” while showing clips of ordinary people doing regular activities like running working retail tasks. On the other hand, the commercial is currently being ripped apart from people on Twitter that are fast to point out the hypocrisy the commercial signifies. 1 user going by the deal @Rafa87844055 states,”We are all investors till you say we are not, and you closed down, right?”
Already, the Chat has been deluged by responses from customers expressing their disappointment in both the program and the concept of this commercial. In the time of writing, the article has got a mere 258 enjoys whilst reaching over 900 answers. Twitter is not the only location in which Robinhood has gotten copious levels of hate since the program garnered tens of thousands of one-star reviews on the internet, which Google deleted not long after. If something is abundantly clear from this scenario, it is that a lot of individuals aren’t happy with Robinhood’s course of activity instead of late.
It is difficult to Argue Against the people mad with the program, however, as both the legality and morality of that which Robinhood failed with GameStop and AMC’s inventory is suspicious at best. Robinhood has been hit with suits for placing a halt to GameStop trading in the middle of the occasion, and these suits will undoubtedly have very powerful cases in court. The decision to broadcast a commercial in this way throughout the 2021 Super Bowl is a daring move by Robinhood, to say the very least. Only time will tell whether the choice pays off in the long term.
