Will Robinhood's $1.5 billion buyback help HOOD stock recover from 50% crash?

After collapsing approximately 54% from October highs just under $154, Robinhood (NASDAQ: HOOD) stock suddenly rallied 3.69% in the Wednesday, March 25, pre-market from $69.08 at the latest closing bell to $71.63 at press time. Robinhood stock price one-year chart with decline since October highs highlighted. Source: GoogleThe main driver of the rally came from the decision reached by the online brokerage to approve a $1.5 billion share buyback program over the coming three years. Shiv Verma, Chief Financia ...