Robinhood stock falls as company unveils $2 billion debt plan
Robinhood (HOOD) markets confirmed plans to sell $2 billion in convertible senior notes due 2029, and the stock dropped 2.2% in premarket trading on the news. A debt sale tied to a stock buyback usually reads as a vote of confidence. The fine print on this one tells a different story about what ...
The Source
THE STREET
Business
Amazon is selling the Fitbit Charge 6 for 44% off on Prime Day
THE STREET·1h ago·3 min read
Business
SpaceX’s $600 billion wipeout tests investor patience
THE STREET·1h ago·3 min read
Business
Stanley’s convenient backpack cooler is 62% off during Amazon Prime Day
THE STREET·1h ago·3 min read
Business
Amazon is selling a ‘powerful and reliable’ $190 portable car battery starter for $81 during Prime Day
THE STREET·1h ago·3 min read
Related
On this beat
Business
Why Heineken Just Hired a Coffee Executive to Save Its Beer Business
INC·1h ago·3 min read
Business
This New AI Slack Feature Will Change How You Interact With Claude
INC·1h ago·3 min read
Business
LinkedIn Used Cannes to Tell the World What Its Most Active Users Already Knew
INC·1h ago·3 min read
Business
My dad left 2 packed storage units when he died. I found childhood memories, vintage gems, and trash.
BI·1h ago·3 min read