HOOD is trading at $73.89, up 3.89% today, rebounding from a sharp two-day selloff as a cryptocurrency rally and institutional buying restore investor confidence.
- The recovery follows a nearly 18% drop over the previous two sessions triggered by weak Q4 earnings, with Bitcoin and Ethereum gains now easing crypto-related margin pressures.
- Cathie Wood’s Ark Invest purchased $34 million in shares today, while Goldman Sachs and Nehemia maintained buy ratings, signaling institutional support despite recent volatility.