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Why Robinhood (HOOD) Shares Are Trading Lower Today
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 5% in the afternoon session after a key inflation report came in hotter than expected, renewing concerns about the path of future interest rate cuts.
Shift4, Affirm, Voya Financial, StepStone Group, and Ares Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after the release of a stronger-than-anticipated Producer Price Index (PPI) report showed wholesale inflation rose more than expected in January.
Why LPL Financial (LPLA) Stock Is Falling Today
Shares of independent financial services firm LPL Financial (NASDAQ:LPLA) fell 6.5% in the afternoon session after the release of a stronger-than-anticipated Producer Price Index (PPI) report showed wholesale inflation rose more than expected in January.