After SEC scraps regulation for day traders, Robinhood shares surge

Corroborated by 2 sources from 2 publishers

globalbusiness5d ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, quick Read - Robinhood (HOOD) shares gained after the SEC eliminated the $25,000 pattern day trader rule, removing barriers for millions of retail traders and directly expanding the company’s addressable market in its core demographic.

Sources