Robinhood is not a meme stock and doesn't plan to sell shares to raise funds, CFO says - NewsBreak

Home > Business
By Yoongi in Business
Updated 3 years ago

Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company's chief financial officer. "It doesn't resonate with me to call Robinhood a meme stock," Robinhood CFO Jason Warnick told CNBC's Kate Rooney...

robinhood-is-not-a-meme-stock-and-doesn-t-plan-to-sell-shares-to-raise-funds-cfo-says-newsbreak