Why Robinhood (HOOD) Shares Are Falling Today
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 3.5% in the afternoon session after the company was passed over for inclusion in the prestigious S&P 500 index. The stock fell after S&P Dow Jones Indices announced that Interactive Brokers Group would be added to the index instead. This decision disappointed Wall Street, as Robinhood was…