Robinhood (HOOD) Stock Recovers After Shareholders File to Sell 97.9M Shares

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During the last session 70M of Robinhood Markets, Inc.’s (NasdaqGS:HOOD) shares were traded. The stock closed at $55.01 per share indicating that it gained $4.04 or 7.93% during that day which brings the Robinhood Markets, Inc.’s valuation to $N/A.

The 52-week high for the Robinhood Markets, Inc.’s shares is $85.00. That puts it -35.28% from that peak but still a great gain since the share price dropped to a 52-week low of $33.25, while the S&P 500’s share price change was of 31.80%.

What does the trading volume tell us about the HOOD stock?

During the last trading session, Robinhood Markets, Inc. (NasdaqGS:HOOD) has seen decay in its daily volume. The daily volume was of 86M, while in the last 10 days the average was 86.27M and last three months – 86.27M.