Robinhood stock price jumps nearly 6% as private-markets fund debut nears
Robinhood Markets shares climbed 5.8% to $77.64 Wednesday morning as bitcoin rebounded and U.S. stocks rose. The move comes ahead of the expected Feb. 26 NYSE debut of Robinhood Ventures Fund I, which aims to raise $1 billion. The Nasdaq was up about 1% in the same period. Investors are also watching for the company’s CFO appearance on March 2.