Robinhood Markets Inc HOOD is surging higher Tuesday amid post-IPO volatility.
Robinhood made its debut on the Nasdaq on July 29. Since that time, the stock has experienced significant volatility, trading as low as $33.25 and as high as $44.39. The stock is moving sharply higher today on above-average volume.
Robinhood is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology.
At publication time, Robinhood was trending across popular social media platforms. Robinhood is among the top three most mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours.
At last check Tuesday, Robinhood was up 15.9% at $43.59.
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