Why Robinhood Stock Was Moving Higher Today
Shares of Robinhood Markets (NASDAQ: HOOD) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two high-profile endorsements from Wall Street analysts.
Robinhood Agrees to $45 Million SEC Settlement Over Past Violations
Robinhood Markets, Inc. (NASDAQ:HOOD) shares are trading slightly higher in the premarket session on Tuesday. The U.S. Securities and Exchange Commission (SEC) announced that Robinhood Securities LLC and Robinhood Financial LLC will pay a combined $45 million in civil penalties to settle a series of regulatory violations.
Robinhood, Bank OZK jump, Argentine banks drift down: week's financials wrap
Financial stocks largely posted a robust week marked by stronger-than-expected bank earnings results, with the Financial Select Sector SPDR ETF (XLF) jumping 6.1% compared with the S&P 500 Index's 2.9% rise.
Robinhood to Pay $45 Million SEC Settlement Over Data Breach, Other Violations
Millions of customer names and emails were exposed by a 2021 hack.
Robinhood to pay $45 mln to settle SEC charges over recordkeeping, other violations
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday.
Robinhood stock rises on bullish analyst outlook
Robinhood's stock performance has been robust, with shares up approximately 200% in 2024. The company recently settled regulatory issues dating back to 2018 with the SEC for $45 million, a move that has been fully accounted for in the previous year's accruals.
Robinhood to pay biggest fine among more than $100mn imposed by SEC
Broker agrees $45mn settlement as part of data breach while Blackstone and KKR among those penalised by US regulator
Why this longtime Robinhood bear is tossing in the towel after a 260% run higher
With Robinhood's ( HOOD) stock up a sizzling 260% over the past year, a long-time Wall Street bear is finally tossing in the towel.
Why Robinhood Markets, Inc. (HOOD) Dominated Last Week’s Rally
Online trading firm Robinhood Markets, Inc. (NASDAQ:HOOD) saw its share prices rally by 23.07 percent week-on-week following twin news that its subsidiaries officially paid $45 million in penalties to settle a case filed by the Securities and Exchange Commission (SEC).
Why Robinhood Markets Inc. (HOOD) Received Analyst Approval This Week?
We recently published a list of 10 Stocks That Received Analyst Approval This Week. In this article, we are going to take a look at where Robinhood Markets Inc.
Trump is getting back to business and CEOs are ready
President-elect Trump is promising sweeping changes with his pro-growth agenda that will impact industries such as energy, tech and crypto, as well as tax policies.
US stocks notch first weekly gain this year before Trump's inauguration, executive orders
Wall Street closed higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.