Robinhood shares rose 15% for inclusion in the S&P 500; analyst/Saylor downplays its strategy, causing its shares to fall
Source: CoinWorld
Time: 2025-09-08 23:45:39
Robinhood (HOOD) shares rose 15% on Monday after the company was included in the S&P 500 on Sept. 22, a milestone for the trading platform, whose share price has nearly tripled this year. Meanwhile, MicroStrategy (MSTR) shares fell 1.5%, although the company met inclusion criteria with $14 billion in operating income and $10 billion in second-quarter 2025 net revenue driven by a rise in Bitcoin. Chief Executive Michael Saylor said he did not expect the company to be included immediately, while analysts said the committee may be cautious due to the company's large exposure to Bitcoin.