Reported 2 days ago
Robinhood Markets is set to replace Caesars Entertainment in the S&P 500, a transformative milestone for the US fintech landscape. This inclusion is expected to increase demand for its stock as index funds adjust, highlighting Robinhood's journey from a pandemic-era newcomer to a significant player in financial markets. The change, effective September 22, reflects Robinhood's role in democratizing stock trading and signals its growing influence amidst increasing institutional interest.
Source: YAHOO