Robinhood stocks jump 23% after SBF_FTX acquires stake robinhood hood ftx
FTX CEO Sam Bankman-Fried purchased a 7.6% stake in the Robinhood market. On the back of this news, Robinhood shares rose 28%.
Its ease of use has simplified the access of ordinary people to trading. Quick remote registration and absence of fees and commissions led to the fact that unqualified investors rushed to the market.
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