Reported 1 day ago
Robinhood Markets (NASDAQ: HOOD) saw its shares jump 13.6% this week following the announcement that it will officially join the S&P 500 index on September 22, replacing Caesars Entertainment. This inclusion is expected to attract institutional investors, further validating the company's position in the market. Despite its recent success, analysts at The Motley Fool suggest considering other investment options as Robinhood does not make their current top stock picks list.
Source: YAHOO