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Robinhood Investors Just Got Good News

Robinhood Investors Just Got Good News

Young, unprofitable companies, like Robinhood (NASDAQ: HOOD), have been hit the hardest by the selling. One cloud hanging over Robinhood was the risk of new regulations that could cut off its primary source of revenue. Regulators recently ruled that they would not ban payment for order flow, a practice central to Robinhood's business.