Robinhood (HOOD) Stock Rises as Prediction Markets Expand and “Cortex” AI Nears Launch — News, Analyst Forecasts and Outlook (Dec. 17, 2025)
Robinhood shares rose 2% to $121.82 after the company expanded its sports-focused event contracts, including new bets on individual football player performance. The firm also launched “preset combos,” allowing users to bundle multiple predictions into a single contract. Over 1 million customers have traded 11 billion contracts since late 2024, according to Axios. Regulators are increasing scrutiny as these products resemble sports betting.