(CNBC) Shares of Robinhood dropped Monday amid several bouts of bad news for the brokerage app. Robinhood’s stock fell 6.9% to $43.64 per share after Securities and Exchange Commission Chairman Gary Gensler told Barron’s that banning the controversial practice of payment for order flow is “on the table.”
Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibility
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