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Benzinga
Benzinga
Business
Adam Eckert

Has Robinhood's Stock Fallen Far Enough To Become An Acquisition Target? Josh Brown Thinks So

Growth stocks have fallen out of favor over the last few months amid expectations for tighter Federal Reserve policy. With some stocks having fallen 70% or 80% from their highs, Ritholtz Wealth Management's Josh Brown expects to see more acquisitions in the near term. 

"We just witnessed a massive deal with Microsoft Corporation (NASDAQ:MSFT) buying Activision Blizzard, Inc. (NASDAQ:ATVI)," Brown said Friday on CNBC's "Fast Money Halftime Report." "If you think that's the last one we're going to see in Q1 with the Nasdaq down 19%, I think you'd be wrong there."

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