Robinhood stock ticks up ahead of earnings as options traders price a big swing
Robinhood shares rose 1.3% to $87.71 Tuesday morning as investors awaited fourth-quarter results due after the close. Wolfe Research upgraded the stock to Outperform with a $125 target. A company officer filed notice to sell 125,000 shares under SEC Rule 144. Options markets implied a possible 9% move in either direction after earnings.