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businessMay 14, 20221:46pending

Robinhood shares surged over 30%

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After crypto billionaire, Sam Bankman-Fried

revealed that he owns a stake of  7.6% stake in Robinhood, the shares of the online brokerage firm, increased by more than 30% According to a regulatory filing with the US Securities and Exchange Commission (SEC), the billionaire purchased about 56.3 million shares in Robinhood markets through his investment firm, Emergent Fidelity Technologies.

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Robinhood shares surged over 30%

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