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2021-10-14
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Robinhood Early Investors Granted SEC Approval to Sell Shares
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They also agreed to hold half of those shares until 28 days after receiving the SEC’s blessing, Robinhood said Friday in as tatement.</p>\n<p>Shares of the Menlo Park, California-based brokerage rose 1.2% to $41 at 10:40 a.m. in New York, extending their gain since the firm’s July initial public offering to 7.9%.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Early Investors Granted SEC Approval to Sell Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Early Investors Granted SEC Approval to Sell Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 23:15 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Securities and Exchange Commission is allowing certain early investors in Robinhood Markets Inc. to sell a portion of their holdings.\nThe move applies to some shares held by investors ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-10-14/robinhood-early-investors-granted-sec-approval-to-sell-shares?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138591343","content_text":"The Securities and Exchange Commission is allowing certain early investors in Robinhood Markets Inc. to sell a portion of their holdings.\nThe move applies to some shares held by investors whopumpedadditional funds into the company to avert a liquidity crunch after the late January surge in meme stocks such as GameStop Corp.The SEC’s approval took effect at 4:30 p.m. Wednesday in New York, in line with a request Robinhood made last week, according to a filing.\n“Significant amounts of Robinhood shares will be unlocked in the coming months, a normal course following an IPO, but a course that we see potentially further pressuring Robinhood’s share price,”JPMorgan Chase & Co. analysts Kenneth Worthington and Samantha Trent said in a Sept. 29 note to clients.\nThe investors won’t be allowed to sell any of affected shares before the company reports third-quarter results on Oct. 26. They also agreed to hold half of those shares until 28 days after receiving the SEC’s blessing, Robinhood said Friday in as tatement.\nShares of the Menlo Park, California-based brokerage rose 1.2% to $41 at 10:40 a.m. in New York, extending their gain since the firm’s July initial public offering to 7.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/825290926"}
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