S&P 500 stock up over 278% gets a shocking downgrade

Analyst downgrades HOODRobinhood Markets Inc. (NASDAQ: HOOD) climbed to an all-time high of $132.89 on Sep. 29, capping a year of outsized gains with the stock up 234% year-to-date. Over the last five years, HOOD has risen 278%. Fueled by record trading volumes, product innovation, and a growing customer base, Robinhood reached a market capitalization of $115.3 billion, putting it among the largest fintech companies in the U.S. Notably, the company joined the exclusive S&P 500 index following this month’ ...