Crypto Stocks End Day Higher; Amazon Drops
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. Robinhood (HOOD) and Strategy (MSTR) shares rose as the price of cryptocurrencies broadly rebounded. Robinhood generates a significant portion of its revenue from crypto trading. Bitcoin surged the most in almost three years to recoup almost all of the losses registered during Thursday’s crypto market meltdown that had dragged the token down more than 50% from its October peak. Under…
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