Robinhood shares fall despite Barclays price target hike and Bitcoin purchase
HOOD Robinhood Markets Inc
$109.51 -2.22%
View chart & analysis → - 1Robinhood shares fell more than 2% in premarket trading on Wednesday.
- 2Barclays raised its price target for Robinhood from $105 to $132.
- 3Robinhood disclosed a Bitcoin purchase of $25 million.
So what's the key point?
Robinhood shares declined even though the company bought Bitcoin and analysts predicted the stock would rise. The price target set by analysts is $132.
Source Stocktwits +1 · View original ↗
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