Robinhood stock jumps 7% on $1.5 billion ‌share buyback news

Robinhood Markets (Nasdaq: HOOD) is a Menlo Park, California-based e-trading platform that is known for its stock, cryptocurrency, and tokenized stock offerings. Founded by Stanford graduates Vladimir Tenev and Baiju Bhatt in 2013, its zero-commission stock trading has made it very popular among young retail traders. Vlad Tenev, chief executive officer of Robinhood Markets Inc.Getty Images · Getty Images The company went public in 2021 and joined the S&P 500 benchmark in September last year. It also bega ...