Reported about 20 hours ago
Robinhood Markets Inc. has seen its shares rally for six consecutive days, driven by speculation of its potential inclusion in the S&P 500 Index. Analysts from firms like Bank of America and Barclays have identified Robinhood as a top candidate, with passive funds likely to increase their stakes if the inclusion is announced. Shares rose 3.3% in the latest trading session, marking a total gain of 17% over the past six days. Other companies, including Ares Management Corp. and Coinbase, are also noted as possible candidates for inclusion in the index.
Source: YAHOO