S&P 500 sets a record after Wall Street breaks out of its lull [Los Angeles Times (CA)]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: Los Angeles Times
It was the first gain for the index since it set its last all-time high on Thursday. The Dow Jones industrial average jumped 477.75 points, or 1.2%, to 39,760.08, and the Nasdaq composite rose 83.82 points, or 0.5%, to 16,399.52. Both finished a bit shy of their own records. Merck climbed 5% after federal regulators approved its treatment for adults with pulmonary arterial hypertension, a rare disease in which blood vessels in the lungs thicken and narrow. Cintas, a provider of work uniforms and office supplies, was another force pushing the S&P 500 upward. It jumped 8.2% after reporting stronger profit for the latest quarter than analysts expected. Shares of Trump Media & Technology Group, meanwhile, continued their wild ride and rose an additional 14.2%. The company behind the money-losing Truth Social platform has zoomed well beyond what critics say is rational, as fans of former President Trump keep pushing it higher. Robinhood Markets climbed 3.7% after unveiling its fi
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HOOD
Earnings
- 2/13/24 - Beat
HOOD
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- HOOD's page on the SEC website