Robinhood Markets, Inc. (NASDAQ: HOOD) is an American financial services company founded in 2013 by Vladimir Tenev and Baiju Bhatt. Headquartered in Menlo Park, California, Robinhood offers commission-free trading of stocks, exchange-traded funds (ETFs), options, and cryptocurrencies through its mobile app and website. The platform has gained significant popularity, particularly among younger investors, due to its user-friendly interface and accessibility. Robinhood's mission is to democratize finance for all by providing access to financial markets that were traditionally costly and complex. As of 2024, the company reported having 24 million customers and has expanded its services to include features like futures trading and a credit card offering. ft.com+9thetimes.co.uk+9de.wikipedia.org+9de.wikipedia.org
Over the past 52 weeks, Robinhood's stock has traded between a low of $8.52 and a high of $65.87. investopedia.com
As of the latest data, the stock is trading at $63.73. investopedia.com
Analyst sentiment toward Robinhood is generally positive. According to Barron's, the company's recent initiatives, such as offering matching bonuses for asset transfers and expanding its services, have been well-received, contributing to a 110% stock surge this year. However, specific numbers of buy, hold, and sell ratings were not disclosed in the available sources.investors.com+7thetimes.co.uk+7barrons.com+7barrons.com
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