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Why Robinhood Stock Surged Back Today

TheMotleyFool

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Shares of stock-trading platform operator Robinhood Markets (NASDAQ: HOOD), which plunged Thursday on reports of an impending 98 million-share sale by early investors, bounced partway back in early trading Friday, and were up by more than 10% as of 11:15 a.m. EDT.

Credit for that rebound should go to quick action by Robinhood's investor relations team.

Image source: Getty Images.

Source Fool.com

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