Robinhood shares fall 5% after missing out on the latest S&P 500 index rebalance
Robinhood shares tumbled on Monday after the online broker was passed over in the latest S&P 500 rebalance, ending weeks of hope that it would earn a spot in the benchmark index. In premarket trading, Robinhood’s stock slid by almost 5%, as reported by CNBC. It had jumped 3.3% on Friday, pushing last week’s gain … Read more