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Benzinga
Benzinga
World
Chris Katje

Robinhood Shares Surge On Investment From FTX Founder Sam Bankman-Fried

Robinhood Markets (NASDAQ:HOOD) shares are jumping higher in after-hours trading Thursday.

What Happened: A new 13D filing from Robinhood shows that Emergent Fidelity Technologies and Sam Bankman-Fried own 56,273,469 shares of Robinhood. The position represents a 7.6% ownership stake in the company.

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