Group 1 - Robinhood Markets' stock has seen a nearly 20% increase week to date, driven by a potential new international service and a price target raise from an analyst [1][4] - The company aims to establish prediction markets outside the U.S., with potential expansion into the U.K. and the European Union [2][3] - Morgan Stanley raised its price target for Robinhood stock from $110 to $146 per share, maintaining a neutral recommendation [4] Group 2 - Robinhood's general manager of futures and international expressed a commitment to regulatory compliance for its new services globally [3] - The brokerage is currently offering prediction-market contract trading in the U.S. through partnerships [3] - Despite the positive developments, some analysts suggest considering other investment opportunities over Robinhood Markets [5][6]
Why Investors Were Piling Into Robinhood Markets Stock This Week