My Blog

Robinhood Shares Are Down 11% This Week—Here’s Why

Menlo Park-based brokerage firm Robinhood’s stock fell more than 11% this week as uncertainty over rate cuts cooled investors’ appetites for risk and bitcoin hit an eight month low, a slide that also coincided with cofounder Baiju Bhatt’s $48.7 million dollar stock sale.

Source: Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts