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Robinhood shares rebounded after revelations of insider trading by some executives
2025-09-29 14:21

Odaily Planet Daily reported that Robinhood, a component of the S&P 500, rose 6.3% in early trading on Monday, following two consecutive days of decline. According to newly disclosed information, some Robinhood executives engaged in insider trading on September 22nd. Executive Pinner Jeffrey Tsvi sold over 12,000 shares in multiple transactions. Analysts suggest that the large-scale share reduction by executives may indicate a pessimistic outlook for the company's stock price.