Robinhood jumps after token launch, BofA PT raise
Shares of trading platform Robinhood HOOD.O hit record high; last up 9.5% at $90.93
HOOD launches tokens that will allow its customers in the European Union to trade more than 200 U.S. stocks and exchange-traded funds
Commission-free tokens can be traded around-the-clock, five days a week - HOOD
Company will also expand the number of available stock tokens to "thousands" by the end of the year - CEO Tenev says
Robinhood also announced several new product offerings, including crypto perpetual futures for its EU customers and staking for U.S. users
Earlier in the day, BofA Global Research lifted the PT on HOOD to $95 from $65, citing optimism on the near-term regulatory outlook for digital assets
As of last close, HOOD stock has more than doubled YTD
Related Articles
Should You Invest in the “Magnificent Seven” in 2026? One Stock or All of Them?
TradingKey - The Magnificent Seven defined markets in 2024 and remained at the heart of the 2025 story. Collectively, they have unparalleled control over AThe Magnificent Seven includes Nvidia (NVDA), Apple (AAPL), Alphabet (GOOG) (GOOGL), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and
Bitcoin Price Prediction 2029-2035: Institutional Accumulation and the U.S. Treasury’s Strategic Reserve Pivot
Explore the 2026 Bitcoin landscape: From the U.S. Strategic Reserve and Michael Saylor’s $75B war chest to Cathie Wood’s 2030 forecast. Is BTC the new Digital Gold?
Is SaaS Dead? The Truth Behind the Software Meltdown, the Missing Floor, and the Peak That’s Not Coming Back
TradingKey - A trillion dollars just vanished from software stocks—this piece breaks down who AI is really killing, who quietly benefits, and why cheap SaaS may be the biggest value trap of this cycle.
