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Shares of Robinhood Markets Inc. (NASDAQ:HOOD) surged close to 20% on Wednesday following Donald Trump's victory in the U.S. presidential election. Here’s what you need to know.
What To Know: Investors are expecting less regulation, including reduced oversight from agencies like the Consumer Financial Protection Bureau (CFPB) with Trump set to return to the White House, per CNBC.
"Trump is viewed as supporting lower corporate tax rates, deregulation, and industrial policies that favor domestic growth, all of which could provide more stimulus to the U.S. economy and benefit risk assets,” Marc Pinto, head of Americas equities ...
