May 13, 2022 Sophia Vida
Company News

Robinhood Shares Explode 24% After CEO of Major Crypto Exchange takes Stake

There’s a good reason why shares of trading platform Robinhood were soaring on Friday. The company’s shares jumped 24%, just one day after the CEO of a major crypto exchange took a stake in the retail investing app. An entity called Emergent Fidelity Technologies took a 7.6% stake in Robinhood worth $648 million earlier this … Continue reading “Robinhood Shares Explode 24% After CEO of Major Crypto Exchange takes Stake”