Sep. 16 at 11:58 AM
$HOOD Needham analyst John Todaro says that the Clarity Act wouldn't have meaningfully benefited business for exchanges and broker platforms. Those stocks include Coinbase and iRobinhood and most telling Todaro noted that the selloff on Tuesday could even be a chance for investors to acquire Coinbase , ROBINHOOD "HOOD" on the cheap. "Nothing about the failed vote changes the current underlying businesses, and we view this as a buying opportunity," Todaro wrote.
