Robinhood Markets shares jumped sharply today, trading at $92.54 and gaining more than 9% as investors responded to a pair of product developments that shifted attention away from a rough first quarter. The stock opened at $85.66, hit a session high of $93.13, and drew volume of roughly 8.8 million shares by midmorning. The move…
Robinhood
Robinhood’s bold $695 Platinum card targets wealthy users
Robinhood is taking a major step into the competitive world of premium credit cards as the company looks to broaden its financial services and appeal to wealthier customers. The Menlo Park, California based trading platform recently unveiled a new Platinum credit card with an annual fee of $695. The move positions Robinhood alongside major financial…