Robinhood

HOOD

Market cap $116B

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These stocks are all popular options with retail investors. They have experienced significant growth in a relatively short time frame.

Fed rate-cut hopes lift fintech outlook as HOOD, IBKR, FICO, SOFI and MCO gain momentum.

Robinhood UK's most-bought stocks in November show retail investors sticking with two big themes despite a choppy month: crypto miners and artificial intelligence. Bitcoin's slump made for grim reading across the mining cohort, yet MARA (formerly Marathon Digital), IREN and Cipher Mining still attracted strong buy orders.

Robinhood Markets' HOOD shares are trading at a massive premium to the industry. At present, the company has a price/tangible book (P/TB) of 14.69X for the trailing 12 months compared with the industry average of 2.93X.

Robinhood has been reporting spectacular financial results in this bull market. The company's model does well in a bull market, but it may not do as well if there's a correction.

The stock market rallies for a fourth straight session Wednesday, with airlines, gold mining, and fiber optics stocks leading the charge. Trading is closed Thursday for Thanksgiving Day.

The operator of a major online trading platform got a boost after announcing a joint venture to broaden its reach in prediction markets, while a soft growth outlook weighed on a human resources software firm.

Robinhood and Susquehanna International Group will own a combined 90% stake in LedgerX, a derivatives exchange. The acquisition is part of Robinhood's push to compete in prediction markets, an area seeing explosive growth.

Robinhood's latest venture raises the prediction-markets stakes.