Shares of several banks and financial services companies, including Robinhood Markets Inc (NASDAQ:HOOD), are trading lower on continued volatility following Wednesday's Fed decision.
The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 0.75% and 1.0%, its first rate hike of at least half a percentage point in more than 20 years. The Fed also said it will begin reducing the size of its balance sheet starting on June 1… Read More
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Robinhood Markets is creating a modern financial services platform.
According to data from Benzinga Pro, Robinhood Markets has a 52-week high of $85.00 and a 52-week low of $9.00.
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