Robinhood stock jumps nearly 15% as bitcoin rebounds; earnings next week in focus
Robinhood shares jumped 14.6% to $83.26 Friday morning, tracking a rebound in crypto-linked stocks as bitcoin stabilized near $69,500. Truist Securities cut its price target for Robinhood to $130, citing recent crypto declines. Trading volume topped 27.9 million shares. Robinhood reports earnings Feb. 10.