In accordance with CoinRepublic, Robinhood (HOOD) stock surged over 5% in pre-market trading on November 27, 2025, reaching $121.59. The rise follows a significant acquisition of HOOD shares by Ark Invest, with its ARKW fund accumulating 7,604 shares valued at around $875k. Analyst Donald Dean has set a price target of $153.86 for HOOD, citing consolidation in the $97–$117 range. The stock's performance also coincides with Robinhood's expansion into prediction markets through a reported acquisition of LedgerX, a regulated exchange. The move aims to capitalize on the growing prediction markets sector, with both Robinhood and Susquehanna International Group gaining direct control over event contract systems.
Robinhood Stock Surges Over 5% Amid Ark Invest's Bet and Prediction Market Expansion
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