In this video, I will talk about Robinhood (NASDAQ:HOOD), why Ark Invest recently sold shares of Tesla to buy Robinhood stock, and my reason behind opening a small position in the fintech company earlier this week. Since Robinhood went public, the stock is down 70%.
*Stock prices used were from the trading day of June 28, 2023. The video was published on June 29, 2023.
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Neil Rozenbaum has positions in Tesla and Robinhood Markets. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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