Robinhood Falls 5% as OpenAI Says It Has Not Partnered with Robinhood for Stock Tokens

Robinhood stock fell about 5% on Thursday. OpenAI said on Wednesday it had not partnered with Robinhood for the stock tokens the trading platform unveiled earlier this week.On Monday, Robinhood said it would grant 5 euros worth of OpenAI and SpaceX tokens to eligible users in the EU who register to trade stock tokens by July 7.But in a post on X, OpenAI said it did not endorse the tokens and was not involved in the offering.In response, a Robinhood spokesperson said the stock token giveaway was
Robinhood Falls 5% as OpenAI Says It Has Not Partnered with Robinhood for Stock Tokens

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