Robinhood (HOOD) falls after AMC CEO questions AMC share-linked tokens
Robinhood Markets’ HOOD declined 2% on Friday after AMC Entertainment CEO Adam Aron questioned the brokerage’s offering of digital tokens tied to AMC shares. Aron said AMC has no involvement and plans to review the arrangement.
Robinhood Markets NASDAQ:HOOD declined 2% on Friday as AMC Entertainment CEO Adam Aron questioned the brokerage's offering of digital tokens tied to AMC shares.Aron said AMC had no involvement with the tokens and plans to have outside securities lawyers review the arrangement.
His concerns center o…