![]() ![]() ![]() ![]() Robinhood, which offers zero-commission trading in stocks and cryptocurrencies, pitches itself as an enlightened version of Wall Street its stated mission is to “democratize finance for all.” Herdman’s friend Chase Bradshaw had introduced him to trading on the app, which now consumed much of the time that he used to spend playing video games. Herdman, who is nineteen, is a freshman computer-science major at Dakota State University, where until recently he played center for the Dakota State Trojans football team, and he had been investing in the stock market for a month. He immediately checked the finance app Robinhood for the trading price of a company called GameStop. Early on the morning of January 19th, Cody Herdman woke to the vibration of his smartphone alarm under his pillow.
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