GeneralBullishBlockonomi · 3h ago7/10
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Robinhood (HOOD) Stock: Director Injects $20M as Company Gains IPO Underwriting Authority
Robinhood director Meyer Malka purchased $20 million in company shares while Robinhood received regulatory approval to underwrite initial public offerings, signaling confidence in the firm's expanding investment banking capabilities. Wall Street analysts have set a price target of $99.38 for HOOD stock.