Robinhood’s Wild 2025 Ride: HOOD Stock Skyrockets 250% on Crypto Boom, S&P 500 Debut – What’s Next?
Robinhood shares are up about 250% year-to-date after joining the S&P 500 in September, lifting its market cap above $100 billion. The stock hit an all-time high near $153 before recent volatility, including a 9% drop on Oct. 10, left it trading around $132. BlackRock and Vanguard increased their stakes, while Robinhood expanded into crypto with a $200 million Bitstamp acquisition and launched new banking products.