Guavy Logo
Guavy AI Editorial TeamSentiment: 2Clout: 40

Robinhood Stock Rises on Crypto-Led Risk Appetite

Risk appetite has been on the rise in the financial markets, with Robinhood's stock price reflecting this trend. On Wednesday, the company's shares closed at $77.53, up 5.6% from the previous day's close.

However, after-hours trading saw a slight dip of 1.1%, with the stock settling at $76.65. This volatility may be attributed to the cryptocurrency market's fluctuating prices, as Bitcoin hovered near $69,100 before rebounding from overnight dips.