by: xpoolPosted on:

Robinhood Acquires WonderFi for $179M, Driving HOOD Stock Up by Over 10%

Financial technology firm Robinhood has completed a significant acquisition of Canadian crypto platform WonderFi for $179 million. This strategic move signals the company’s expansion into the Canadian market and is driving a notable surge in its stock price. Following the announcement, HOOD stock soared nearly 9.47%, reaching $62.77 per share.

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