Robinhood’s IPO past Thursday was lacklustre, but today’s show has seen shares deed $44
After Robinhood’s $HOOD banal debuted astatine $38 connected the NASDAQ past week, prices slumped to beneath $34 and failed to reclaim the archetypal fig until today. Now trading conscionable southbound of $44, Robinhood is up by 16% connected the day, and $HOOD touched $45 earlier successful today’s session.
If you privation to acquisition the trending stock, work connected to find retired the champion spot to bargain Robinhood shares today.
Where to bargain Robinhood banal successful the UK
Robinhood banal ($HOOD) is listed connected eToro, meaning you tin put with 1 of the astir reputable online brokers retired there. eToro has implicit 13 cardinal users and much than 10 years successful the business, and is afloat regulated successful the UK, EU, US, and Australia. They connection debased fees to boot, truthful motion up contiguous to marque your archetypal trade.
Should I put successful Robinhood stock?
Robinhood has present gathered important upward momentum arsenic we attack midweek, and the remainder of today’s trading league could bring astir further gains for $HOOD. Share prices are present 13% supra the archetypal IPO price, indicating that investors were possibly wary of the hype surrounding the IPO, but are present buying the banal en masse.
The archetypal terms of the banal was considered to beryllium low by respective analysts, truthful to many, this rally volition beryllium nary surprise. In the agelong run, Robinhood is expanding its cryptocurrency offerings arsenic good arsenic equity and options trading, truthful determination is country for the steadfast to summation much users and summation revenues. This lends value to a “buy and hold” strategy for $HOOD.
Furthermore, plans to grow extracurricular of America person been hinted astatine before, but stay nether wraps. This underscores the immense imaginable $HOOD has for further maturation beyond the play surrounding the IPO.
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