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Why Robinhood Markets Stock Blasted Nearly 35% Higher in May
Robinhood Markets (NASDAQ: HOOD) had a scorching 2025 in the first few months of the year, and it continued to barrel ahead in May. The online brokerage's shares saw their value rise almost 35% across the month, according to data provided by S&P Global Market Intelligence, on the back of a well-received earnings report published on the last day of April, plus new and intriguing forays into cryptocurrency and related offerings.While the key figures in that first-quarter earnings release were more or less in the ballpark of analyst expectations, there was no ignoring the hot growth rates posted by Robinhood. Image source: Getty Images.Continue reading
Robinhood Markets (NASDAQ: HOOD) had a scorching 2025 in the first few months of the year, and it continued to barrel ahead in May. The online brokerage's shares saw their value rise almost 35% across the month, according to data provided by S&P Global Market Intelligence, on the back of a well-received earnings report published on the last day of April, plus new and intriguing forays into cryptocurrency and related offerings.
While the key figures in that first-quarter earnings release were more or less in the ballpark of analyst expectations, there was no ignoring the hot growth rates posted by Robinhood.
Image source: Getty Images.
