Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake

(CNBC) Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a 7.6% stake in Robinhood, according to a Thursday filing with the Securities and Exchange Commission. Shares of the investing company jumped 36% at one point in extended trading before pulling back. They were last up about 25%. In regular trading Thursday the stock hit an all-time low.

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