Why Robinhood Stock Was Moving Higher Today

Shares of Robinhood Markets (NASDAQ: HOOD) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two high-profile endorsements from Wall Street analysts.

As a result, the stock was up 9.3% as of 2:21 p.m. ET.

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Source Fool.com