Stocks making biggest moves midday: MRNA, HOOD, NIO

Stocks making biggest moves midday: MRNA, HOOD, NIO

In midday trading, several companies made headlines: 1. Spotify’s stock rose 2% after being named a top pick by Wells Fargo, citing rising profit margins and strong product mix. 2. Robinhood’s fintech stock rose less than 3% after announcing users can trade contracts related to the upcoming presidential election. 3. Oil companies like Occidental Petroleum…

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Robinhood jumps into election trading, giving users chance to buy Harris or Trump contracts

Robinhood jumps into election trading, giving users chance to buy Harris or Trump contracts

Upstart brokerage firm Robinhood has entered the prediction betting game by allowing users to trade contracts on the 2024 presidential election, featuring candidates Kamala Harris and Donald Trump. Users must meet certain criteria, including being a U.S. citizen, to participate in trading through Robinhood Derivatives and ForecastEx, operated by Interactive Brokers. The move comes as…

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