Strategy Misses Out Again! Robinhood Shocks S&P 500 Inclusion, Shares Surge Over 15%

TradingKey – Robinhood Added to the S&P 500, Stock Nears All-Time High.

On Monday, Robinhood (HOOD) shares gapped up at the open and rallied 15.83%, breaking above $117 and closing in on the record high set on August 25.

Robinhood stock price chart; Source: TradingView

Last Friday, S&P Dow Jones Indices announced that Robinhood will officially join the S&P 500 on September 22. Prior additions include Coinbase (COIN) and Block (XYZ).

This means that Strategy (MSTR) has once again been passed over for inclusion in the S&P 500. In response, MicroStrategy CEO Michael Saylor told CNBC today, “I’m confident we’ll be added to the S&P 500. Bitcoin is a whole new concept, and inclusion is definitely going to happen.”