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Stock impact report

Why Robinhood (HOOD) Stock Is Up Today [Yahoo! Finance]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Yahoo! Finance
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 7.8% in the afternoon session after stocks linked to the cryptocurrency space soared as Bitcoin, the largest cryptocurrency by market value, hit a new all-time high over the weekend, climbing past $106,000. Also, rising asset prices typically improve investor confidence, prompting traders and investors to increase their participation by placing new bets or engaging in more frequent trading. This heightened trading activity translates into higher transaction volumes and more revenues for trading platforms like Robinhood that earn fees on these trades. The shares closed the day at $43.18, up 7.4% from previous close. Is now the time to buy Robinhood? Access our full analysis report here, it's free What The Market Is Telling Us Robinhood's shares are extremely volatile and have had 31 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but Show less Read more
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