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Robinhood Stock Hits All-Time High as Company Ups Ante on Prediction Markets

Robinhood stock hit a new high Tuesday following a report that the trading platform is looking at expanding its prediction market product outside of the U.S. The company's stock was recently trading for close to 140ashareafterhittingahighearlierTuesdaymorningNewYorktimeabove140 a share after hitting a high earlier Tuesday morning New York time above 142. Nasdaq-listed HOOD is up 275% year-to-date, according to Yahoo Finance data. HOOD previously boomed on Monday after Robinhood co-founder and CEO Vlad Tenev said on X that customers had traded over 4 billion event con ...