Robinhood Stock Soars 300% in 2025: November 29 News Roundup, Prediction Markets Push and What HOOD’s Rally Means Now
Robinhood shares closed at $128.49 on November 28, up 19% for the week and 242% over the past year. The surge followed news of Robinhood’s expansion into prediction markets and derivatives, as well as a nearly $1 billion stake opened by Norges Bank. Institutional investors now hold about 93% of the company’s float. Technical indicators show “strong buy” signals despite overbought conditions.