Robinhood Markets (HOOD -1.79%) has staged an impressive comeback, with its stock soaring approximately 230% to $40 per share over the past year. Founded just 11 years ago, this online brokerage reshaped the financial landscape by introducing commission-free trading for stocks, ETFs, and options, forcing traditional players to adapt.
Another great year for the stock market is in the books. The S&P 500 (^GSPC -1.54%), Nasdaq Composite (^IXIC -1.63%), and Dow Jones Industrial Average (^DJI -1.63%) finished the year up 23% , 29% , and 13 %, respectively.
Investing in Robinhood Markets (HOOD -1.79%) has been a rollercoaster. The new-age stock brokerage and financial services company began trading at $38 per share in the summer of 2021 but has bounced around, peaking at $70 before falling below $7 just a year later.
The latest trading day saw Robinhood Markets, Inc. (HOOD) settling at $40.81, representing a +0.62% change from its previous close.
Recently, Zacks.com users have been paying close attention to Robinhood Markets (HOOD). This makes it worthwhile to examine what the stock has in store.
Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss the most recent trades Simpson has made.
HOOD, SE and MAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 2, 2024.
HOOD, LOMA, PPC, MAG and SE have been added to the Zacks Rank #1 (Strong Buy) List on January 2, 2024.
Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood's 2021 IPO — a period during which shares of the commission-free trading app plummeted by more than 90% after it abruptly restricted trading in some meme stocks — the 12-year-old company was just declared Yahoo Finance's “comeback stock” of the year.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Here is how Robinhood Markets, Inc. (HOOD) and Bankinter SA (BKNIY) have performed compared to their sector so far this year.
Robinhood Markets', Charles Schwab and Interactive Brokers are included in this Analyst Blog.