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Robinhood Stock Takes Flight Ahead of Product Launch Event
Robinhood CEO Vlad Tenev (pictured) will unveil new products at a keynote event Wednesday evening.
Shares of Robinhood soared on Wednesday ahead of a product launch event that could see the brokerage expand its offerings in pursuit of its goal of becoming "a financial super app."
Shares have been pressured this year by slumping cryptocurrency prices, which played a major role in the exchange's disappointing earnings report last month.