Robinhood Is Pushing All the Right Buttons

By Travis Hoium – May 14, 2024 at 12:30PM

NASDAQ: HOOD

Robinhood Markets

Market Cap

$18B

Today's Change

(-0.20%) -$0.04

Current Price

$20.47

Price as of May 28, 2024, 4:00 p.m. ET

Growth is only part of the story for Robinhood.

Robinhood (HOOD -0.20%) stock continues its volatile path, but the business is hitting on all cylinders. In the first quarter, Robinhood added funds to the platform and grew Gold memberships to a new record. In this video, Travis Hoium lets you know why this is incredibly bullish for the company.

*Stock prices used were end-of-day prices of April 11, 2024. The video was published on May 13, 2024.

Charles Schwab is an advertising partner of The Ascent, a Motley Fool company. Travis Hoium has positions in Robinhood Markets. The Motley Fool has positions in and recommends Charles Schwab. The Motley Fool recommends the following options: short June 2024 $65 puts on Charles Schwab. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.