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Today β€” 23 December 2024U.S. Finance & Business
Yesterday β€” 22 December 2024U.S. Finance & Business

Where Will Robinhood Markets' Stock Be in 3 Years?

22 December 2024 at 17:32
Robinhood Markets (NASDAQ: HOOD), the online brokerage that popularized commission-free trading, went public in July 2021 at $38 a share. Robinhood's stock plummeted as rising interest rates curbed the market's appetite for the higher-risk stocks, options, and cryptocurrencies that have driven most of its growth during the pandemic. Robinhood's stock trades at about $36 as of this writing, which marks a five-bagger gain from its all-time low but still falls shy of its IPO price.
Before yesterdayU.S. Finance & Business

Walmart, GM, Nvidia, Robinhood: All had an award-winning 2024

21 December 2024 at 15:00
Yahoo Finance shook things up this year, not just naming a Company of the Year but also Surprise of the Year, Product of the Year, and Comeback of the Year. Walmart (WMT) was named Yahoo Finance's 2024 Comeback of the Year on the strength of its stock and earnings performance. Yahoo Finance Executive Editor Brian Sozzi spoke with CEO Doug McMillon about how the retailer's big investments have been paying off, while CFO John David Rainey explained that the company's recent success didn't happen by accident. Yahoo Finance's Surprise of the Year was General Motors (GM). CEO Mary Barra credits the automaker's diverse portfolio for its big success. Bank of America auto analyst John Murphy also weighed in to give his take on what could be next for the stock. Nvidia's (NVDA) AI-focused Blackwell platform was named Product of the Year. Comeback of the Year went to Robinhood (HOOD). Its stock has surged and it made big headway in diversifying its product offerings. CEO Vlad Tenev discusses what's next for the company while Mizuho senior analyst Dan Dolev argues Robinhood is a stock to own under the incoming Trump administration. Watch more Yahoo Finance Awards coverage here: Why Walmart is clobbering its rivals Walmart rolled back DEI efforts & others may too. Here's why. The 'exciting' part of Robinhood's growth is still ahead: Analyst
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