Trading platform Robinhood(NASDAQ: HOOD) unveiled a new active trading platform on Wednesday in hopes of attracting more traders. The products are impressive, but it's how these features fold into Robinhood's business model that should have investors bullish on the stock, which Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of Oct. 17, 2024. The video was published on Oct. 17, 2024.
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Travis Hoium has positions in Robinhood Markets. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.