Previous close | 1.1900 |
Open | 1.0000 |
Bid | 0.8400 |
Ask | 0.9500 |
Strike | 14.00 |
Expiry date | 2024-11-15 |
Day's range | 0.9600 - 1.0000 |
Contract range | N/A |
Volume | |
Open interest | 3.79k |
Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating. Bank of America has set a $24 price target, up from $14. The analysts behind the call point to increasing retail engagement, accelerating organic growth, and large expense reductions as catalysts for the company. Robinhood also reported major cryptocurrency gains in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
GME stock tumbles after GameStop's preliminary Q1 results disappoint. A major short seller returns. Robinhood sees double upgrade. Meme rally fizzles.
Robinhood stock soared more than 10% Friday after an analyst's upgrade, as shares rallied above a buy point.