With a market cap of $97.4 billion, Robinhood Markets, Inc. (HOOD) operates a digital platform for investing and personal finance. The platform enables users to trade stocks, ETFs, American depositary receipts, cryptocurrencies, options, and futures, while also offering features such as fractional investing, retirement accounts, margin investing, and cash management services.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Robinhood Markets fits this criterion perfectly. Robinhood aims to make financial markets more accessible through user-friendly technology, educational resources, and innovative financial products.