
Shares of Robinhood Markets Inc (NASDAQ:HOOD) are trading flat on Monday. Following a turbulent week of trading last week, the stock rallied to a new all-time high. Here’s what investors need to know.
What To Know: Last week, investor enthusiasm was significantly fueled by a series of major announcements centered on an aggressive expansion into the cryptocurrency market. The company revealed its planned acquisition of the Bitstamp crypto exchange and the introduction of commission-free tokenized U.S. equities and perpetual futures for its European customers.