Robinhood (HOOD) Stock Dips Below Opening Price in Midday Trading
NEW YORK, USA – Shares of Robinhood Markets Inc (NASDAQ: HOOD) experienced fluctuations during the trading session on April 29th, dipping slightly into negative territory by early afternoon. As of 12:19 pm GMT-4, the stock was trading at 48.72 USD.
This price represents a decrease of -0.21 USD, or -0.42%, for the day. The current price sits below the previous day’s closing value of 48.93 USD.
Robinhood’s stock showed early strength, opening the session at 49.44 USD and reaching an intraday high of 49.88 USD. However, the price later retreated, hitting a low of 48.46 USD before settling at the current level. The trading pattern indicates considerable volatility during the morning hours.
Key market data for Robinhood Markets at this time includes:
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Open: 49.44
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High: 49.88
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Low: 48.46
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Mkt cap: 4.30KCr
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P/E ratio: 31.29
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Div yield: –
The current stock price is positioned significantly above its 52-week low of 13.98 USD, but remains below the 52-week high of 66.08 USD. Investors continue to watch HOOD’s performance on the NASDAQ exchange.