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Benzinga

Business

Henry Khederian

As Insiders Sell $180M In Stock, Robinhood's (HOOD) Wednesday Dip From Highs Fuels Investor Anxiety

HOOD Robinhood Robinhood Markets Benzinga Edge Crypto SEC

The Robinhood Trade

Robinhood Markets Inc (NASDAQ:HOOD) shares are pulling back Wednesday afternoon, despite a lack of company-specific news for the session. Here’s what investors need to know.

What To Know: The company’s stock has gained some 176% on a year-to-date basis, fueled by a strong second-quarter performance and growing optimism around its cryptocurrency and tokenization plans.

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