
US Stock Market Update | Robinhood's stock price hits a 52-week high, rising over 147% in the past year

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On Tuesday, trading platform Robinhood's stock price rose, hitting a 52-week high of $25.36. As of the time of writing, the stock surged over 7.8% to $25.14. Over the past year, Robinhood's stock price has risen by 147.62%. In the second quarter of 2024, Robinhood's revenue increased by 40% year-on-year to reach $682 million, with earnings per share hitting a record high of $0.21. The company's net deposits also reached a peak of $13 billion, with an annual growth rate of 41%
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