Robinhood (HOOD) soared to new highs on Tuesday in a stark contrast from its public debut last week. The investing platform’s stock spiked as much as 18% by mid-session. Shares were trading above $44 a piece, holding well above their IPO price of $38.
Investors are keeping a close eye on the stock following Robinhood’s public debut last Thursday.
The stock sank as much as 12% below its IPO price during its first day of trading on the Nasdaq. Shares closed down 8% that day. Some questioned…
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