“We Realize We Let You Down” – Robinhood App Back Online After Outage  

Update (March 3): Millennials using online brokerage platform Robinhood can finally breathe a sign of relief, after 24 hours of not being able to buy or sell, the company has now restored the app after a “glitch.” 

 “When it comes to your money, issues like this are not acceptable,” Robinhood said in a statement Tuesday morning. “We realize we let you down, and our team is committed to improving your experience.”

Speculation has it that the app went down because of “leap year” coding issues… 

BREAKING: The reason Robinhood was down all day was because they didn’t code for leap year. Code was fetching data from 3/3/2020. See nerd language below: pic.twitter.com/30zojrkDCQ

— Robinhood Class Action (@ClassRobinhood) March 2, 2020

Does this mean selling will resume?

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Last week it was Fidelity shutting down, not allowing investors to trade during the historic market crash, now Robinhood trading app, popularized by millennials, has experienced trading issues on Monday morning. 

“We are experiencing a system-wide outage. We are working to resolve this issue as soon as possible,” the company said. 

Millennials are freaking out on Twitter as their accounts are frozen and the market is dropping again. 

@Robinhood is a joke. One of the biggest trading Mondays in recent history and the app is completely down and crashed since opening bell. People are losing THOUSANDS over this nonsense.

— Vivek Sevak _TLSM (@vivek_sevak_313) March 2, 2020

Me trying to get #Robinhood to work at opening bell every morning 🙄 pic.twitter.com/OyLlW5e1wL

— Steve (@GLASSNAPKINS) March 2, 2020

@RobinhoodApp hey what’s going on? Can’t make buys or anything with Robinhood? I’m loosing money

— Son of Shepard (@SonOfShepard_) March 2, 2020

Wow, it’s crazy @RobinhoodApp has been down on both it’s app and website. Can’t close opened positions. I swear the last time I use this app. This is not the First time this has happened . #robinhood app crash

— Optionslatte (@optionslatte) March 2, 2020

@RobinhoodApp #robinhood fix your fuckin app, you guys are screwing people out of a lot of money, ARE YOU GONNA REIMBURSE ME FOR MY LOSSES???????????

— Danny (@dan198013) March 2, 2020

Yo @RobinhoodApp I can’t dump my stocks pic.twitter.com/QbG8AwEJOs

— Xbt God (USDC PRINTER) (@xbt_god) March 2, 2020

thanks @RobinhoodApp pic.twitter.com/O4EtIqjJJO

— NYCReaching (@rreachingg) March 2, 2020

Millennials are watching their accounts dive into the red this morning with zero ability to buy or sell – could this trigger a mass exodus from the app?

I am officially done with your horrific product. You do realize that seconds actually matter on the market and we can’t see anything. Thanks for nothing. @RobinhoodApp

— Ashley with an A (@ItsMeAshleyWee) March 2, 2020

@RobinhoodApp @AskRobinhood are you aware your platform is completely useless the first 15-30 min of every trading day? Thank goodness for @TDAmeritrade pic.twitter.com/xHmJOuW71Y

— Sergey (@the_realRH) March 2, 2020

if @RobinhoodApp ever works again, I’m transferring my money to @WebullGlobal. These are the same errors I was getting 4 years ago. How have these issues not been fixed? #imout

— AquanautOrange (@AquanautOrange) March 2, 2020

Just lost all my student loans thanks to @RobinhoodApp

Everyone else getting this blank screen? Switching to @thinkorswim asap #RobinhoodApp is trash. pic.twitter.com/LUgl0HJs8M

— ShitUWishUCouldSay (@ShitUShouldNo) March 2, 2020

Switching back to @TDAmeritrade

Good work today @RobinhoodApp #RobinHood pic.twitter.com/0IodtmQIHK

— Will [PurdyAlerts] (@WillPurdyAlerts) March 2, 2020

And how are these millennial traders going to survive if they can’t sell their long positions? 

what stage of the cycle is this @awealthofcs @michaelbatnick pic.twitter.com/rBrGyLZhKM

— LVD (@LVDTrades) February 4, 2020

Google search trend “robinhood down” started to erupt across the country around 0924 ET: 

Isn’t it odd that brokerage accounts experience “glitches” as the market goes down? It’s almost like they don’t want investors to sell.