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Benzinga
Benzinga
Business
Rishabh Mishra

Robinhood Snubbed By S&P 500 Again, But Cathie Wood's Ark Invest Sees Big Upside In Sports-Finance Convergence

HOOD Robinhood Ark Invest Nasdaq Robinhood Markets, Inc. The SP 500 DraftKings Kalshi
Kazan,,Russia,-,Oct,19,,2021:,Robinhood,Markets,Is,An

Shares of Robinhood Markets Inc. (NASDAQ:HOOD) have stumbled, falling over 7% in the last five trading sessions, as it didn’t make it into the S&P 500 index again; however, a bullish outlook from Cathie Wood‘s Ark Invest sees the company poised to disrupt the multi-billion-dollar sports betting industry.

Check out HOOD’s stock price here.

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