Robinhood stock rises on report it could run new ‘Trump accounts’ for kids
Robinhood shares rose about 1.4% to $102.67 midday Friday after reports the U.S. may tap the broker to manage new government child investment accounts. Coinbase fell 1.4% and bitcoin slid 2.6%. CTO Jeffrey Tsvi Pinner sold 5,864 shares on Jan. 26 at prices between $105.29 and $108.07. Robinhood’s earnings are due Feb. 10.