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Henry Khederian

Why Robinhood Markets Shares Are Popping Off Today

HOOD Robinhood Markets Robinhood FTX Robinhood Markets, Inc. Sam Bankman-Fried

Robinhood Markets Inc (NASDAQ:HOOD) shares are trading higher by 14.19% to $9.14 Monday afternoon following a report that FTX is said to be exploring a deal for the company.

Bloomberg reported Monday that Sam Bankman-Fried’s FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets, according to people with knowledge of the matter.

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