All of this reflects a recent upswing for Robinhood, whose share price is up nearly 100% since the start of the year and is currently trading around $19. This is a far cry from 2022 when Robinhood, following an IPO the year before, was in turmoil following an abrupt drop-off in trading following the meme-stock mania of the pandemic. That period saw Robinhood take billions in emergency loans after it faced a liquidity crisis due to congestion in the country's clearinghouse, and resulted in Tenev being cast as a villain in the anti-Wall Street film Dumb Money.