Robinhood Markets (HOOD) shares are in the spotlight on Aug. 10 after the financial technology company made a major announcement regarding international expansion. HOOD will officially launch zero-fee cryptocurrency trading for eligible UK customers this week, enabling direct exposure to more than 50 digital assets via its Bitstamp UK subsidiary.
Robinhood stock has been under significant downward pressure since early July, but it remains up some 45% versus its year-to-date low.