Reported 1 day ago
Robinhood Markets (HOOD) is set to join the S&P 500 Index on September 22, following a significant surge in its stock price and a remarkable 496% increase over the past year. The company, known for pioneering commission-free trading, has seen strong revenue growth, particularly in cryptocurrency trading, as it prepares for this important milestone. Analysts are optimistic about Robinhood’s future, with a consensus rating of 'Moderate Buy' as the stock gains visibility and credibility in the market.
Source: YAHOO