Why Robinhood Stock Jumped This Week
Yahoo Finance ·
Shares of Robinhood Markets ( HOOD +3.75% ) climbed 14% this past week after the financial services company unveiled an array of new product innovations. With roughly 28 million customers in 38 countries, Robinhood's financial platform already possesses impressive scale and reach. Yet it continues to expand into new markets. Robinhood's acquisition of digital asset services provider WonderFi in June gave it a beachhead in Canada. The fintech platform also plans to launch crypto trading and brokerage services in the U.K. and Singapore.
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