Robinhood's Massive $1 Billion Buyback Plan

Robinhood (HOOD 3.00%) announced a $1 billion share buyback program on Tuesday, and this could be a great use of the company's cash. In this video, Travis Hoium shows why the company made this decision and why this could provide fuel to the stock long-term. *Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024. A $1 billion buyback could provide fuel to Robinhood stock. ...