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Thursday, March 5, 2020

Massive Robinhood outage prevents users from trading stocks during the largest Dow surge since 2009 (Update: Compensation)

  • Update 1: 2020/03/03 1:58pm PST
    According to a statement released by Robinhood, the outage was not caused by a leap day bug. Instead, the issue revolves around a vague "instability in a part of our
  • Update 2: 2020/03/04 8:41am PST
    Since our initial report, the CEOs of Robinhood have issued a formal statement regarding the service outage. They blame "unprecedented load" (i.e. a heavy volume of users) for "triggering a

The Dow has been on a rollercoaster of a ride, suffering last week from its worst decline since 2008 before rebounding a record 5% this past Monday.

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Massive Robinhood outage prevents users from trading stocks during the largest Dow surge since 2009 (Update: Compensation) was written by the awesome team at Android Police.


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