HOOD - Hot Stocks: HOOD soars; NLSN takeover deal; LOVE rises on earnings; CONN drops
Robinhood (NASDAQ:HOOD) regained some of its meme-stock cred during Tuesday's midday action. Shares of the financial trading app expanded in value by more than a quarter amid news of extended trading hours. Nielsen (NLSN) represented another major midday winner, climbing on news of a deal to be acquired. Lovesac (LOVE) rallied as well, boosted by stronger-than-expected earnings news. The release of quarterly results had the opposite impact on Conn's (CONN). Shares dropped on disappointing financial figures. Gainers Robinhood (HOOD) skyrocketed more than 27% in intraday trading after the company announced that it was expanding its extended trading. The company added a total of four hours to pre-market and post-market trading, making it possible for customers to trade from 7 a.m. ET until 8 p.m. ET. "We’ve seen a community of Robinhood early birds and night owls who log in exclusively outside of regular market hours," the company said in a
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Hot Stocks: HOOD soars; NLSN takeover deal; LOVE rises on earnings; CONN drops