Pins matching tag:HOOD

Robinhood went public on 29 July 2021 on the Nasdaq under HOOD, pricing shares at US$38, the low end of its range, to raise close to US$2 billion at a valuation of about US$32 billion.

On 2 June 2025 Robinhood closed its roughly US$200 million all-cash purchase of the Bitstamp crypto exchange, gaining more than 50 licenses and its first institutional crypto business.

On 5 September 2025 S&P Dow Jones Indices announced that Robinhood would join the S&P 500 before the open on 22 September, replacing Caesars Entertainment; the stock rose about 6% after hours.

On 24 March 2026 Robinhood's board approved a new US$1.5 billion share repurchase program, and its brokerage unit signed a US$3.25 billion revolving credit facility four days earlier.

On 22 June 2026 Robinhood priced US$2.0 billion of 0.00% convertible senior notes due 2029; the initial purchasers took up their US$200 million option and the US$2.2 billion offering closed on 25 June.

On 29 July 2026 Robinhood reported second-quarter revenue up 32% to a record US$1.31 billion, diluted EPS of US$0.62 and record net deposits of US$21.7 billion, with 4.8 million Gold subscribers.