2 Big Reasons to Be Skeptical About the 269% Surge in Robinhood Stock Over the Past Year

Robinhood Markets (HOOD -8.03%) has sent investors on a rollercoaster ride since going public in 2021. Its stock listed at $38 per share, soared to a record high of $85, and then plunged by 91% to an all-time low of around $7 -- all in less than a year.Shareholders were bullish on Robinhood's ability to attract young, first-time investors to its trading platform, where they can buy and sell stocks, options, cryptocurrencies, and more. However, since many of those clients make risky short-term bets as oppose ...