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Barchart
Wajeeh Khan

Robinhood Stock Stumbles as S&P 500 Inclusion Is Once Again Off the Table for HOOD

HOOD Robinhood Citizens JMP

Robinhood (HOOD) shares have rallied significantly in recent sessions as investors again anticipated the fintech’s addition to the S&P 500 Index ($SPX).

Chevron’s (CVX) recent closure of its Hess acquisition has created a vacancy in the benchmark index, which many hoped would be filled HOOD. Instead, Block (XYZ) will fill the open spot. 

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