Robinhood surges 65% on Reddit buzz

August 4, 2021 9:48 AM EDT

FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly

(Reuters) - 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 week.

(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Aditya Soni)



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