It goes without saying that COVID-19 has impacted the world economy. The unemployment numbers chart is perhaps the most striking statistical representation.
The novel coronavirus is spreading rapidly across Texas, with more than 30 cases reported statewide as of March 12th. There is yet another case in the Dallas-Fort Worth metroplex that is yet to be confirmed, if internet reports from those close to the Charles Schwab corporate offices in Westlake, Texas are to be believed.
Cash App says that it isn’t allowing Robinhood users to transfer their stock portfolios from the service. This comes as Robinhood has experienced multiple outages this week and frustrated users are considering their options for moving their portfolios out of the brokerage.
It’s not just you: Robinhood.com appears to be down for many users of the young people-focused investing app. It’s likely that coronavirus fears over the weekend have pushed the servers beyond its limit as investors look to make trades to mitigate their exposure…
If you were frustrated by the recent Robinhood outage that lasted multiple hours, you might be considering how you can move your stock off of the brokerage to another. Good news for you: You can do that if you want! Bad news: Robinhood charges a fee.