Why This Move Could Be a Game Changer for Robinhood's Stock

Retail investors love a good growth story. And one of the best ones in recent years has been that of Robinhood Markets (NASDAQ: HOOD). The fintech company's trading platform has made investing fun and exciting for young investors, which has led to tremendous growth for the business. Last week, investors also learned that the stock will be joining the S&P 500 (SNPINDEX: ^GSPC). But that doesn't mean that the business has grown big and stale, or that it has run out of growth opportunities. What's appealing about Robinhood is that Chief Executive Officer Vlad Tenev is always on the hunt for new ways to expand, even if they can be a bit controversial, such as offering tokenized shares of businesses that aren't even publicly traded.The company recently announced another big move, and this one could make its platform the ultimate one-stop shop for retail investors and traders alike.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool