Robinhood Surfs Meme Stock Wave With Retail Stocks and Crypto

On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for executing stock trades between traditional market off hours, those falling between 8 p.m. and 4 a.m. (ET), and it was unable to effectively handle the surge in activity during the huge global selloff earlier this week as markets roiled. While the news was, ultimately, not ideal for Robinhood's users trying to get in on Monday's market action ...