American Airlines slashes its guidance for the current second quarter, ConocoPhillips is buying Marathon Oil, and Chewy stock surges after an earnings beat. Read More...
What’s Going On With Robinhood Markets Stock On Wednesday?
Robinhood Markets, Inc (NASDAQ:HOOD) stock continued trading higher Wednesday after the company on Tuesday announced a new share buyback program, enabling it to buy back stock worth $1 billion. Earlier this month, Robinhood launched tiered margin rates for investors, ranging from 5.7% to 6.75%. These rates enable investors to invest more immediately without needing to deposit money from their bank. Also in May, CEO Vlad Tenev divulged that it targets different age groups with its retirement offe
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