Prediction: 1 Soaring Cryptocurrency Stock Could Plunge by 50% (or More)
Robinhood Markets (HOOD 1.51%) stock has been on a tear lately, with a whopping 358% gain over the past 12 months alone. The company has benefited from heightened activity in the financial markets, with everything from stocks to cryptocurrencies reaching record highs over the last few months.Robinhood is known for its ability to attract young, first-time investors to its brokerage platform, which is something most of its competitors have struggled with. However, its business is facing structural challenges ...