Robinhood Markets, Inc. (HOOD)

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Market Data

$77.09
$3.47 (-4.31%)
Previous Close: $80.56
52-Week Range
14% from low
$69.22$124.35

AI Insights

Robinhood is launching a premium credit card, the Platinum Card, targeting high-spenders with luxury perks for a $695 annual fee. This move aims to expand its financial ecosystem and attract wealthier customers, potentially enhancing user engagement within the app. The competition in the credit card market is fierce, making this a crucial step for Robinhood's growth strategy.

Updated about 13 hours ago

Latest News

Jim Cramer has one-word response to new Robinhood IPO

Jim Cramer is one of the most watched market commentators on television, and he doesn't shy away from sharing his views, no matter how much criticism he faces. A well-known figure on Wall Street, he is a former hedge fund manager who gained widespread popularity for hosting the shows "Mad ...

about 4 hours ago

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Three stocks that have fallen more than 25% this year were on the Ark Invest CEO's shopping radar on Thursday.

about 5 hours ago

Robinhood Launches Fund Offering Private-Market Investing

Robinhood’s first fund offering private-market access to individual investors is officially on the market. The Robinhood Ventures Fund I began trading on the New York Stock Exchange on Friday, at a price of $25 a share. The fund is a publicly traded venture capital vehicle that allows traders to invest in a group of private companies like software company Databricks, fintech firm Revolut and health-tracking ringmaker Oura.

about 5 hours ago

EVR vs. HOOD: Which Stock Is the Better Value Option?

EVR vs. HOOD: Which Stock Is the Better Value Option?

about 5 hours ago

Investors Dump Bank, Brokerage Stocks As Oil Spikes and Jobs Report Disappoints

Financial stocks can’t catch a break. Investors dumped shares of banks, brokerages, and other financial services companies on Friday morning after the U.S. economy was shown to be shedding jobs and the war with Iran roiled oil markets. The KBW Nasdaq Bank Index fell as much as 4.5% at the open before paring some of its losses; the index was down 3.7% at 10 a.m. The which tracks a basket of financial services companies, was down 2.4%.

about 6 hours ago

Robinhood's $658 million private markets fund for retail investors goes public

Robinhood debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday, offering retail investors ‌a rare chance to invest in high-profile, privately held technology companies. Private company ‌investments have long been the playground of Silicon Valley's biggest venture capital firms, with retail investors largely ​shut out of the booming market where valuations have surged in recent years. The fund, which began trading under the ticker 'RVI', has investments in prominent private companies, including software startup Databricks, fintech Ramp and financial services firm Revolut.

about 7 hours ago

Robinhood’s Venture Fund to Begin Trading. What to Know.

Robinhood wants to make private investments more accessible to retail investors, and on Friday the company may move closer to that goal through the launch of its first fund, a publicly traded venture capital fund that invests in privately held companies. Robinhood Ventures Fund I, which is structured as a closed-end fund, is expected to begin trading on the New York Stock Exchange under the symbol RVI. The fund is set to offer exposure to a range of private companies including fintech Airwallex, aerospace company Boom Technology, and data and artificial intelligence company Databricks.

about 7 hours ago