Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Robinhood Stock Crushed it on Wednesday

TheMotleyFool

0 0

Why Robinhood Stock Crushed it on Wednesday: https://g.foolcdn.com/editorial/images/875109/person-using-a-smartphone-while-seated-at-a-desk-with-a-laptop.jpg

An article concerning a development that could benefit Robinhood Markets (NASDAQ: HOOD) helped boost the price of the next-generation brokerage on Wednesday. Investors took the report as excellent news for the financial services company and reacted by pushing its shares up almost 9%.

Well before market open, Reuters reported that the Securities and Exchange Commission (SEC) is preparing a policy allowing cryptocurrency companies to transact in crypto products such as tokenized stocks.

Image source: Getty Images.

Source Fool.com

Like: 0

HOOD

Share