Robinhood Stumbles, Qualcomm Rises, Goodyear Tire Bounces
- Robinhood Markets (HOOD) shares slipped after traders came to learn that the financial services platform was not being added to the S&P 500. Last week, traders were speculating Robinhood would be added to the index as part of the index’s quarterly rebalancing but shares duly slumped as much as 8.4% intraday before closing 2% lower on Monday, giving back some of their recent rally.- Qualcomm (QCOM) rose Monday on the news that the semiconductor maker had agreed to buy London-listed semiconductor company Alphawave IP Group Plc for about $2.4 billion in cash to expand its technology for…
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