Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice

Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice

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Source: Coindesk.com

Robinhood (HOOD), the popular trading platform, received a Wells Notice from the Securities and Exchange Commission (SEC) on May 4. The stock pared earlier losses and rose about 2% on Monday.

"On May 4, 2024, RHC received a 'Wells Notice' from the Staff of the SEC (the 'Staff') stating that the Staff has advised RHC that it

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The post "Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice" appeared first here Coindesk.com.

Source: Coindesk.com

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