Robinhood surges 65% on Reddit buzz

Shares of Robinhood Markets Inc 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 weekThe 24% surge in Robinhood’s stock on Tuesday elevated it...

Bullish on eBay Inc.

Bullish on eBay Inc.

In our previous report (Dec. 26, 2020 – US$50.12) we identified a large wedge pattern (dashed lines), a breakout from this formation (A), a correction to support near US$47-48 (B) and provided targets of US$64 and US$69. Following our report, eBay Inc . had a series of rallies and minor...

How Robinhood’s public listing ups the regulatory stakes

How Robinhood’s public listing ups the regulatory stakes

Robinhood Markets Inc’s highly anticipated public listing will subject the company to onerous new regulatory demands - a weak spot for the fast-growing online broker. Robinhood’s meme stock status fuels IPO uncertainty Those new obligations, which are enforced by the U.S. Securities and Exchange Commission (SEC), comprise disclosure, governance and...

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