Robinhood Markets, Inc. - Class A Common Stock (HOOD)
97.51
+3.88 (4.14%)
NASDAQ · Last Trade: Jul 1st, 9:50 AM EDT
Detailed Quote
Previous Close
93.63
Open
95.01
Bid
97.53
Ask
97.56
Day's Range
94.53 - 97.60
52 Week Range
13.98 - 94.24
Volume
11,244,961
Market Cap
22.68B
PE Ratio (TTM)
55.40
EPS (TTM)
1.8
Dividend & Yield
N/A (N/A)
1 Month Average Volume
41,653,983
Chart
About Robinhood Markets, Inc. - Class A Common Stock (HOOD)
Robinhood Markets Inc is a financial technology company that provides a digital platform for trading stocks, options, and cryptocurrencies. Designed to make investing accessible to a broader audience, Robinhood offers commission-free trades and has gained popularity for its user-friendly mobile app, which allows users to buy and sell financial instruments with ease. In addition to its trading services, the company also offers features such as cash management, educational resources, and research tools, aiming to empower investors of all experience levels to take control of their financial futures. Read More
Macro strategist Raoul Pal commended Robinhood Markets' decision to launch tokenized stock offerings on Monday, June 30, describing it as "democratization of finance."
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 10.5% in the afternoon session after Bank of America raised its price target on the stock as the company announced a major expansion of its crypto offerings in the European Union.
Robinhood is expanding into Europe with tokenized stocks, crypto futures, and staking, aiming to merge traditional and digital assets through a mobile-first, blockchain-powered investment platform.
Attention is shifting from cryptocurrencies to equities and publicly traded companies like Robinhood Markets (NASDAQ:HOOD), Coinbase Global (NASDAQ:COIN), and Circle Internet Group (NYSE:
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Elon Musk announced that X will transition to charging advertisers based on vertical screen size, marking a significant shift in the platform's revenue strategy as the company works to restore advertising income to pre-acquisition levels.
