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Benzinga
Benzinga
Business
Avi Kapoor

Why Robinhood Shares Are Trading Higher By Over 7%; Here Are 20 Stocks Moving Premarket

HOOD Robinhood Nasdaq
The Robinhood Trade

Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) rose sharply in pre-market trading.

S&P Dow Jones Indices announced a sweeping update to its benchmarks late Friday, unveiling new additions to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600. Robinhood will replace Caesars Entertainment Inc. (NASD: CZR) in the S&P 500, effective prior to the open of trading on Monday, Sept. 22.

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