Robinhood has big upside after bitcoin $100,000, successful investor day, analysts say

Robinhood Markets Inc News

Robinhood has big upside after bitcoin $100,000, successful investor day, analysts say
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The firm is coming off its first ever investor day.

Robinhood stock could have a bright future thanks to bitcoin's meteoric rise and the success of the company's inaugural investor day, according to analysts. The company behind the popular retail trading platform held its first-ever investor day on Wednesday, where executives outlined a vision for its growth over the next 10 years.

mountain Robinhood stock. But the bright picture Robinhood painted on Wednesday isn't the only tailwind working in the company's favor. Bitcoin, the largest cryptocurrency by market capitalization, topped the key $100,000 level on Wednesday night , adding to its already exceptionally strong run in 2024.

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