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Benzinga

Business

Shivdeep Dhaliwal

FORGOTTEN HISTORY: Analyst says sam bankman fried s robinhood stake signals strong support - Caught on Camera

HOOD Robinhood FTX Nasdaq Coinbase ARK Robinhood Markets, Inc. Sam Bankman-Fried

FTX founder and CEO Sam Bankman-Fried’s 7.6% position in Robinhood Markets Inc (NASDAQ: HOOD) is a signal of “strong support” for the trading platform popular with retail traders, according to Ark Investment Management analyst Max Friedrich.

What Happened: Friedrich noted that Bankman-Fried filed a 13D filing with the U.S. Securities and Exchange Commission, typically associated with activist investors, unlike 13G filings which are indicative of passive holdings.

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Top stories on inkl right now

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Kseniia Petrova was detained for four months after arrest with research samples, and feared deportation to Russia

The Guardian - US

‘I’ll be reelected as majority leader,’ Schumer says - Roll Call

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The Independent UK

Russian scientist at Harvard cleared of smuggling charges over frog embryos

Russian scientist at Harvard cleared of smuggling charges over frog embryos

After customs officials questioned her at Logan International Airport, authorities charged her with smuggling, concealing facts, and making false statements to federal officials

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Christa Pike Had Rare Blood Disorder Before Botched Tennessee Execution, Court Documents Reveal

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Court documents show Christa Pike's lawyers warned that her suspected blood disorder, elevated platelet count and difficult vein access could increase risks during Tennessee's failed execution attempt

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