Robinhood Outlook: The Bull & Bear Case for HOOD Stock

In 2021, Robinhood Markets‘ (NASDAQ:HOOD) shares soared to $50 as a new wave of day traders embraced stock speculation. However, by 2023, the tide had turned, with speculators shifting focus, and HOOD stock, now valued at $9, trades modestly above tangible book value.On the other hand, Robinhood transformed stock trading, but in 2024, the company’s business model has evolved. Investors, after thorough research, may opt to sell or increase their stake based on their belief in the blockchain revolution and cr ...