Finance

Robinhood surges 65% on Reddit buzz

1 minute read

The logo of Robinhood Markets is displayed at a pop-up event on Wall Street after the company's IPO in New York City, July 29, 2021. REUTERS/Andrew Kelly

Aug 4 (Reuters) - Shares of Robinhood Markets Inc (HOOD.O) surged 65% minutes after the open on Wednesday, as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming market debut last week.

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Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Aditya Soni

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