TOPLINE Robinhood on Monday announced another round of financing – the third major cash injection in the last four months – at a valuation of $ 11.2 billion, amid record numbers of new customers and speculation that the company could IPO later this year. Robinhood co-founders Baiju Bhatt and Vladimir …
Read More »
Reuters Tesla has been rallying since announcing on Tuesday that it would end a 5-for-1 action split in late August. Shares of motorist jumped 13% on Wednesday and climbed as much as 6% on Thursday. The stock split does not fundamentally change the company, but should appeal to smaller investors. …
Read More »
TOPLINE Shares of Eastman Kodak, which initially swore at an announcement that the government would provide a $ 765 million loan to help shift its efforts in the drug industry, thanked on Monday afternoon for news that the deal would are held as regulators look to accusations of wrongdoing. Kodak’s …
Read More »
Robinhood merchants continue to bet on Tesla. Nearly 40,000 Robinhood accounts added shares of the automaker over a four-hour period on Monday, Bloomberg reported, citing data from Robintrack.net. As of Tuesday, approximately 40,400 Robinhood accounts have added Tesla stocks in the past 24 hours, Robintrack data shows. Now Tesla is …
Read More »