Robinhood shares fall as stockholders file to sell up to 97.9 million shares
The offering is through an automatic conversion of certain convertible notes. The stockholders were among those who came to Robinbood’s rescue during the historic trading mania earlier this year. The selling shareholders include a number of venture capital firms that invested in Robinhood early on. Robinhood said Thursday that existing shareholders will sell up 97.9 million … Read more