Robinhood Markets Stock News

Bitcoin's failure to top $100,000 appeared to be dragging on crypto-related stocks Tuesday.

Shares in Robinhood Markets (HOOD) will likely remain on investors' radar screens Tuesday after Morgan Stanley upgraded the stock and significantly raised its price target, saying that the company sits well-positioned to benefit from the outcome of the U.S. presidential election.

Shares of Robinhood Markets (HOOD) advanced Monday after Morgan Stanley upgraded the stock and more than doubled its price target, saying the online trading platform was among the biggest winners from the presidential election outcome.

Robinhood Markets Inc (NASDAQ: HOOD) has already doubled over the past four months but the coming year will still likely be a strong one for this financial technology company, as per a Morgan Stanley analyst.

Robinhood stock popped on an upgrade. Analyst sees more potential revenue growth in the wake of U.S. elections, business expansion.

Robinhood Markets' Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role.

Barron's looks at the pros and cons.

Robinhood NASDAQ: HOOD is the company that created the trading app that once epitomized the democratization of finance and the financial services sector.  Robinhood's stock price has surged by over 330% this year, which is a dramatic rebound from its previous lows.