Robinhood Receives Wells Notice from U.S. SEC, Stock Declines 2.5%
Robinhood’s stock plummeted about 2.5% during the pre-market trading on Monday, May 6, after it was revealed that it received a Wells Notice from the United States Securities and Exchange Commission (SEC) on Saturday, May 4. The Notice was sent to Robinhood in relation to an alleged violation of Sections ...
