Reported about 24 hours ago
Shares of Robinhood surged 7% in after-hours trading after being included in the S&P 500 index, set to begin on September 22. The retail brokerage reported strong Q2 earnings, with $989 million in revenue and $386 million in profit, leading to a year-to-date increase of over 150% in its stock price. Conversely, Bitcoin treasury firm Strategy was excluded from the reshuffle despite its significant valuation and holdings, surprising market observers.
Source: YAHOO