HOOD Stock Recent News

Robinhood's continued growth hinges on Robinhood Gold, offering compelling value propositions that drive platform adoption, increased assets, and higher revenues and profits. Despite past controversies and cyclical risks, Robinhood's fortress balance sheet and innovative products position it well for long-term growth. Current valuation leaves little margin for error; I rate Robinhood as a hold, awaiting further development of new product offerings.

The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements. Robinhood Securities agreed to pay a $33.5 million penalty, while Robinhood Financial agreed to pay a $11.

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday.

The Securities and Exchange Commission said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges. The SEC said Robinhood violated more than 10 separate securities law provisions.

Millions of customer names and emails were exposed by a 2021 hack.

Washington, D.C.--(Newsfile Corp. - January 13, 2025) - The Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial LLC (collectively, Robinhood) have agreed to pay $45 million in combined civil penalties to settle a range of SEC charges arising from their brokerage operations.

U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Monday.

Robinhood Markets (HOOD -1.79%) has staged an impressive comeback, with its stock soaring approximately 230% to $40 per share over the past year. Founded just 11 years ago, this online brokerage reshaped the financial landscape by introducing commission-free trading for stocks, ETFs, and options, forcing traditional players to adapt.

Investing in Robinhood Markets (HOOD -1.79%) has been a rollercoaster. The new-age stock brokerage and financial services company began trading at $38 per share in the summer of 2021 but has bounced around, peaking at $70 before falling below $7 just a year later.

The latest trading day saw Robinhood Markets, Inc. (HOOD) settling at $40.81, representing a +0.62% change from its previous close.