Robinhood Markets (HOOD) Surges 9.8%: Is This an Indication of Further Gains?

Robinhood Markets, Inc. (HOOD) shares soared 9.8% in the last trading session to close at $25.61. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.6% gain over the past four weeks. Shares of Robinhood rallied for the third consecutive trading session and touched a new 52-week high of $25.80 on Tuesday. Earlier in the day, the company announced its plan to hold the first Investor Day on Dec. 4. The company management will share ...