5 Stocks Making Headlines on Monday

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1. Robinhood Markets, Inc. (NASDAQ:HOOD) is down 3.3% as of 12:03 PM ET after Michael Cyprys at Morgan Stanley highlighted that this would be a transition year for the company. The analyst sees near-term challenges for Robinhood Markets, Inc. (NASDAQ:HOOD) due to the restricted stock and cryptocurrency trading level during the transition year. Cyprys stated that Robinhood Markets, Inc. (NASDAQ:HOOD) has the potential to be a great service for Generation Y and Z, just like the Charles Schwab Corporation (NYSE:SCHW) was for the baby boomers. However, the lack of profitability remains a sign of concern.

According to proprietary data obtained by Insider Monkey, 24 hedge funds held a stake in Robinhood Markets, Inc. (NASDAQ:HOOD) as of Q4 2021.

You can also take a peek at the Top 10 Stocks Billionaire Mets Owner Steve Cohen Just Added to His Portfolio and 10 European Defense Stocks to Buy Now.

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