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Robinhood stock falls as company unveils $2 billion debt plan
TheStreet53d agobearish
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 ...