Robinhood (HOOD) Explodes 12% to Fresh Highs — Here’s What Lit the Fuse and What Comes Next (Sept 29, 2025)
Key facts (as of September 29, 2025) What happened today (Mon, Sept 29, 2025) Robinhood shares surged ~12% and set fresh highs after CEO Vlad Tenev publicized explosive growth in prediction‑market activity on Robinhood via its Kalshi partnership. The update pushed HOOD to the top of S&P 500 gainers; Bloomberg and Yahoo Finance credited the gains to the prediction‑contracts momentum. Bloomberg+1 Wall Street Journal’s live markets desk also flagged the “prediction‑market boost” as shares headed toward all‑time highs. The Wall Street Journal LSE/Reuters quote data captured the closing snapshot: price near $136, today’s range $123.78–$136.84, 52‑week range $22.05–$136.84, market cap