Robinhood: Provides Discount To Make Up For Outage
- After its systems went down as the markets bounced back from the most unfavorable week as of the financial crisis in 2008
- The app was not up and running on Monday, as the Dow increased by over 1,293 points or by 5 percent
- Robinhood said in an e-mail, according to the report, When it comes to your money, issues like this are not acceptable
- The company is to provide a discount on subscriptions of $15 as a way to make up for the outage
- California-based Robinhood became popular with younger investors when it offered free trading in 2013
- Then the firm said in December that it had 10 million users
