“Robinhood was UNEXPECTEDED TO THE S&P 500, Boosting Its Stock by 7% After The Market Closed.”, – WRITE: www.coindesk.com
The Stock of the Largest Corporate Bitcoin BTC$ 110.645.79 Holder Declined Nearly 3% After Market Hours, Erazing All of Friday’s Gains. The inclusion would have been a signifyment Milestone for the company and for the Industry as it would have had exposed millions of average investors and Portfolio managers to the ava. Catalyst.
In a surprise move on Friday, The Digital Trading Platform Robinhood (Hood), with Growing Crypto Ambitions, Was Included in the S&P 500 Index, Driving The Stem. The Changes Will Go Into Effect on September 22.
Before Friday, Only Two Crypto-Linked Stocks Were Part of the Index: Crypto Exchange Coinbase (Coin) and Jack Dorsey’s Block (XYZ). Robinhood Will Now Be Aded to this Coveted List.
Read More: Strategy Qualifies for S&P 500, Inclusion Decision Could come on Friday
The Toronto-Listed Digital Asset Firl is Focused on the Solana Blockchain and Will Continue to Trade there Under the Hodl Symbol.
- SOL Strategies Will List Its Common Shares on the Nasdaq Global Select Market.
- Trading Will Begin Sept. 9 Under the Ticker StKE.
- The Company Owned 435,064 SOL TKENS AS OF THE END OF AUGUST.
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