Robinhood Markets (Hood) shares are on Tuesday action: what’s going on? – Robinhood Markets (Nasdaq: Hood)

Robinhood Markets Inc Hood Shares continued their slide in Tuesday trade and fell around 2.30% to $ 71.79. The downward trend extends the losses of Monday’s session.

What to know: The negative momentum was activated by the announcement of S&P Dow Jones -Indices at the end of Friday that Robinhood would not be added to the prestigious S&P 500 index.

These disappointed investors who had pushed the share until all time last week pending the inclusion, with boom effects rather labeled a ‘prime candidate’.

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This market sentiment currently overshadows a recent report from Robuste Mei data from the company. Robinhood had announced record-high platform activa of more than $ 250 billion and a significant growth of the month-over month in trade volumes in shares, options and crypto.

Despite these strong basic principles, the focus on the S&P 500 snub remains, which keeps the shares under pressure on Tuesday.

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How to buy cutting stock

In the meantime you are probably curious how you can participate in the market for Robinhood markets – whether it is about shares, or even try to bet against the company.

Buying shares is usually done through a brokerage account. You can find a list of possible trading platforms here. Many enable you to buy ‘fractional shares’ with which you can possess parts of shares without buying a full share.

If you want to bet against a company, the process is more complex. You need access to an option order platform, or a broker who enables you to “fail” a share of shares by borrowing the shares to sell. The process of shortening a stock can be found on this source. Otherwise, if your broker allows you to act options, you can buy a put option or sell a call option at a exercise price above where shares are currently being traded – anyway, with which you can take advantage of the decrease in the share price.

According to data from PetrolHood has a highlight of 52 weeks of $ 77.80 and a lowest point in 52 weeks of $ 13.98.

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