Robinhood's Growth Momentum Continues

By Travis Hoium – Jun 26, 2024 at 5:02AM

NASDAQ: HOOD

Robinhood Markets

Market Cap

$20B

Today's Change

(0.53%) $0.12

Current Price

$22.71

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

Assets keep flooding into Robinhood.

Brokerage company Robinhood (HOOD 0.53%) continues to attract more affluent users to the platform, and that's making the business more stable long term. In this video, Travis Hoium shows why recent trends bode well for upcoming earnings.

*Stock prices used were end-of-day prices of June 24, 2024. The video was published on June 25, 2024.

Travis Hoium has positions in Robinhood Markets and SoFi Technologies. The Motley Fool has positions in and recommends Costco Wholesale. 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.