How Crypto Is Powering Robinhood Stock's Surge
1. HOOD stock rose 26% due to recent significant developments. 2. Tokenized stocks allow E.U. clients to trade U.S. stocks and ETFs. 3. Acquisition of Bitstamp enhances Robinhood's crypto trading capabilities. 4. Company's valuation metrics are high compared to the S&P 500. 5. Robinhood's profit margins are significantly higher than its competitors.