HOOD Jumps 3.1% After its Valuation Crosses Historic $100 Billion Mark

Key Takeaways Robinhood's market cap crossed $100B for the first time after a 3.1% stock jump.Surging retail trading, options and crypto offerings are driving growth.New crypto and tokenized stock products are boosting user engagement.On Friday, Aug. 8, Robinhood Markets, Inc. (HOOD) achieved a landmark milestone, with its market capitalization surpassing the $100 billion mark for the first time. This watershed moment underscored a dramatic year-to-date surge for the fintech company, driven by renewed inves ...