Why Robinhood Stock Was Moving Higher Today
Robinhood(HOOD) The Motley Fool·2025-01-15 04:39
Shares of Robinhood Markets (HOOD 5.80%) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two high-profile endorsements from Wall Street analysts.As a result, the stock was up 9.3% as of 2:21 p.m. ET. Robinhood is getting stronger2024 was a breakout year for Robinhood as it rode the recovery in crypto along with internal cost-cutting and improvement to nearly triple last year, and the company is now getting rec ...