Stock summary: Robinhood Markets recorded weekly rise of 14.19% after positive Q4 earnings report

Robinhood Markets Inc closed at 65.28 USD as of 7:59 PM GMT-5 on February 14, reflecting a strong gain of +8.11 USD or 14.19% over the past five days.

Advertisement

Robinhood Markets Inc closed at 65.28 USD as of 7:59 PM GMT-5 on February 14, reflecting a strong gain of +8.11 USD or 14.19% over the past five days. This upward movement came after the company’s Q4 earnings report came higher-than-expected .

During the session, the stock reached a high of 66.08 USD and a low of 61.72 USD, indicating moderate intraday volatility. Robinhood opened the day at 63.30 USD, and steady buying pressure throughout the session pushed the stock near its session high before closing.

In after-hours trading, the stock edged down slightly to 65.16 USD, representing a minor decline of 0.18% or -0.12 USD. With a market capitalization of 5.77 thousand crore, the company tries to gain a strong position in Wall Street. 

Advertisement

Disclaimer: This article is for informational purposes only and does not constitute any financial advice.