Robinhood shares jump after Deutsche Bank cites prediction market tailwinds
Robinhood (HOOD) shares rose 14.9% in the afternoon session after Deutsche Bank issued a report pointing to prediction market tailwinds for brokerages, asset managers, and exchanges.
What Happened? Shares of financial services company Robinhood NASDAQ:HOODjumped 14.9% in the afternoon session after Deutsche Bank issued a report pointing to prediction market tailwinds for brokerages, asset managers, and exchanges.
According to a CNBC report, Deutsche Bank analysts believe that f…