Robinhood shares dive 27.6%; filing sparks worries early investors could sell

(Reuters) Shares of Robinhood Markets Inc (HOOD.O) tumbled on last week snapping a four-day winning streak, after the newly public online brokerage said early investors may sell nearly 98 million shares. Robinhood’s shares finished down 27.6% at $50.97 a day after they jumped more than 50%.

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