Maxim Group analyst Anthony Vendetti downgrades Reed’s (NASDAQ:REED) from Buy to Hold.
Robinhood Markets Stock Is Rising Thursday: What’s Going On?
Robinhood announced Thursday morning that it entered into an agreement to acquire Bitstamp and bring its globally-scaled crypto exchange to Robinhood. Bitstamp holds over 50 active licenses and registrations globally. Robinhood said it expects the takeover of the global exchange to significantly accelerate the company's crypto's expansion worldwide.
