Is it Time to Bail on Robinhood Stock After It Announced Deep Job Cuts?
Tuesday was a memorable day in the short history of next-generation securities brokerage Robinhood Markets (NASDAQ: HOOD). But not in a positive way -- especially for the company's employees, a clutch of whom are about to lose their jobs.
Robinhood's latest big piece of news could presage big problems at the company. Let's try and determine if this is a sign investors should sell out of the stock.
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Source Fool.com
