By Hannah Erin Lang
It's a rip-roaring year for Robinhood Markets.
The digital brokerage with meme-stock origins is on pace to close above the $100 billion market cap threshold for the first time today, with the share price also on track to notch a new record. The stock is up more than 200% so far this year.
It's a good time to be a brokerage, as investors pour billions into stocks, trade on tariff swings and rush into the options market in growing numbers. Robinhood is also aggressively expanding its crypto business and rolling out new products and features at a breakneck pace. That's helped the stock ride a wave of market momentum to new heights.
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(END) Dow Jones Newswires
August 08, 2025 12:53 ET (16:53 GMT)
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