WS #10717

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Robinhood closed a $2.2B zero-coupon convertible note offering, with proceeds used for share repurchase and capped calls to offset dilution. S&P 500 finished at critical support; a break lower could signal more losses ahead.

Robinhood $2.2B Convertible Note Offering

Robinhood closed a $2.2B zero-coupon convertible note offering, with proceeds used for share repurchase and capped calls to offset dilution.

S&P 500 finished at critical support; a break lower could signal more losses ahead.

Full world state #10717 →