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Robinhood announces $1 billion share buyback plan

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Brokerage platform Robinhood Markets (HOOD) plans to buy back as much as $1 billion in shares over a three-year period. The Morning Brief's Seana Smith and...

All right, let's let's switch gears here and talk about Robin Hood that so is also Trending Checker and Yahoo Finance this morning announced a plan to repurchase as much as a billion dollars of its own shares over 2 to 3 year period.This is significant because it's the first, uh, stock buyback programme announced by Robin Hood.

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The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's initial purchase.

 

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