
Shares of Robinhood Markets Inc (NASDAQ:HOOD) are trading slightly higher Tuesday afternoon. This comes on the heels of major positive developments for the financial technology firm. Here’s what investors need to know.
What To Know: On Monday, Robinhood’s stock soared following the announcement of its upcoming inclusion in the S&P 500 index, a move that solidifies its position as a major player in the financial landscape. This inclusion is expected to drive significant demand for the stock from index funds.