Why Robinhood Stock Is Soaring: A Buying Opportunity?
Key Takeaways HOOD stock soared 12.8% after launching new crypto products in Europe and the United States. Robinhood introduced tokenized stocks, crypto staking, and crypto futures to broaden its appeal. Bitstamp acquisition and 50% revenue growth boost HOOD's push toward full-service finance.Robinhood Markets, Inc. (HOOD) stock surged 12.8% on Monday after launching new crypto offerings for European and U.S. users. The trading platform’s shares have now spiked more than 300% in the past year, raising tho ...