Robinhood Drops 5% Following Charges Against Two Ex-Engineers
Cryptocurrency trading: Shares of Robinhood Markets came under pressure on September 16 after federal prosecutors announced charges against two former Robinhood engineers accused of using confidential information about upcoming cryptocurrency listings to trade derivatives. Robinhood shares fell about 5% during Wednesday trading, while Webull shares declined roughly 9%. The market reaction came as investors assessed … Read more