Robinhood's Massive $1 Billion Buyback Plan
Robinhood (NASDAQ: HOOD) announced a $1 billion share buyback program on Tuesday, and this could be a great use of the company's cash. In this video, Travis Hoium shows why the company made this decision and why this could provide fuel to the stock long-term.
*Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024.
Source Fool.com