Robinhood ventures further beyond trading with new credit card
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Robinhood (HOOD) rises after saying it plans to launch a credit card for US consumers
March 27, 2024 7:53 AM EDTRobinhood (NASDAQ: HOOD) shares are up more than 6% premarket after the company revealed it plans to launch a credit card for US consumers.
The "Robinhood Gold Card" is available to Robinhood Gold members. The company said the credit card has no annual fee,... More
Bernstein Analyst Comments on Robinhood's (HOOD) Credit Card
March 27, 2024 7:26 AM EDTBernstein analyst Gautam Chhugani discussed Robinhood's (NASDAQ: HOOD) new credit card in a note to clients.
The analyst commented, "Just a few hours back, HOOD launched its Gold credit card (HOOD share price was up 5% post market). The credit card offers 3% cashback on everything. The card has no... More
