Robinhood Markets, Inc. - Class A Common Stock (HOOD)
109.74
+4.29 (4.07%)
NASDAQ · Last Trade: Jul 18th, 5:43 PM EDT
Detailed Quote
Previous Close
105.45
Open
109.75
Bid
108.83
Ask
108.99
Day's Range
106.95 - 113.44
52 Week Range
13.98 - 106.64
Volume
73,375,827
Market Cap
25.53B
PE Ratio (TTM)
62.35
EPS (TTM)
1.8
Dividend & Yield
N/A (N/A)
1 Month Average Volume
53,300,503
Chart
About Robinhood Markets, Inc. - Class A Common Stock (HOOD)
Robinhood Markets Inc is a financial technology company that provides a digital platform for trading stocks, options, and cryptocurrencies. Designed to make investing accessible to a broader audience, Robinhood offers commission-free trades and has gained popularity for its user-friendly mobile app, which allows users to buy and sell financial instruments with ease. In addition to its trading services, the company also offers features such as cash management, educational resources, and research tools, aiming to empower investors of all experience levels to take control of their financial futures. Read More
Charles Schwab (NYSE:SCHW), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 4.3% in the afternoon session after the House passed the GENIUS Act, a bill aimed at providing regulatory guidelines for the cryptocurrency market.
Shares of Robinhood Markets surged to a new all-time high Friday morning. The stock is soaring after the U.S. House of Representatives passed landmark cryptocurrency legislation.
Brad Garlinghouse, CEO of Ripple (CRYPTO: XRP) Labs, has hailed the passage of the GENIUS Act as a “transformational legislation” that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010.
The bid to set clear working rules for the cryptocurrency industry in the U.S. got a booster pill Thursday as the House of Representatives passed key pieces of legislation.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 3.1% in the morning session after the second quarter (2025) earnings season got off to a strong start. Quarterly earnings reports released during the week exceeded Wall Street's expectations, fueling investor confidence. Around 50 S&P 500 components reported, with 88% of those exceeding analysts' expectations, FactSet data revealed.
Investors were also encouraged by several positive reports that painted a picture of a resilient consumer. One key report revealed that shoppers increased their spending at U.S. retailers more than economists had anticipated. Precisely, retail sales increased 0.6% from May, surpassing the 0.2% estimate. This robust consumer spending is a crucial pillar supporting the economy.
XRP’s price is currently just 3.3% below its peak of $3.40 seen earlier this year. Ethereum’s price jumped 9% in the last 24 hours, nearly just below the $3,500 threshold.
JPMorgan Chase & Co's (NYSE: JPM) plan to introduce fees for transactions involving cryptocurrencies and third-party services could significantly cripple the fintech industry, say experts.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 4.3% in the afternoon session after an analyst at Piper Sandler significantly raised their price target on the stock. The investment firm boosted its price target on the online brokerage to $110 from $70, while maintaining an "overweight" rating on the shares. This move signals strong confidence from the analyst in the company's future performance.
Vlad Tenev, the CEO of Robinhood Markets Inc. (NASDAQ: HOOD), is defending his company's bold move to give retail investors exposure to shares in high-profile private companies such as SpaceX and OpenAI, without seeking their permission.
Expensive stocks typically earn their valuations through superior growth rates that other companies simply can’t match.
The flip side though is that these lofty expectations make them particularly susceptible to drawdowns when market sentiment shifts.
