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Why Robinhood (HOOD) stock is soaring
HOODRobinhood(HOOD) Finbold·2025-01-16 12:29

Robinhood (NASDAQ: HOOD) stock is back to a price last seen in September 2021, soaring above 45.81.Thisimpressivecomebackmarksanewmilestoneforthefintechandtradingplatform,highlybenefitingfromrenewedoptimismoncryptocurrencies.Notably,HOODclosedtheWednesdaysession,onJanuary15,witha30.3145.81. This impressive comeback marks a new milestone for the fintech and trading platform, highly benefiting from renewed optimism on cryptocurrencies.Notably, HOOD closed the Wednesday session, on January 15, with a 30.31% premium from its initial public offering (IPO). The fintech launched itself to the United States stock market on July 28, 2021, trading at 38 per share.However, the following years after the I ...