5 Market Movers to Watch on Thursday

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1. Robinhood Markets, Inc. (NASDAQ:HOOD) has gained 5.52% as of 11:44 AM ET after a note issued to investors by Jason Bazinet at Citi stated that the stock of the widely popular commission-free trading platform could be worth $15 per share in case of a takeover attempt by a rival. The price provided by the firm reflects a humongous premium of over 84% from the last closing price, which is similar to what the Goldman Sachs Group, Inc. (NYSE:GS) paid for TD Ameritrade.

Out of the 924 hedge funds tracked by Insider Monkey at the end of Q4 2021, Robinhood Markets, Inc. (NASDAQ:HOOD) was held by 24 hedge funds. ARK Investment Management was the leading hedge fund investor in Robinhood Markets, Inc. (NASDAQ:HOOD) during Q1 2022.

You can also take a peek at the 10 Favorite Stocks of Billionaire Izzy Englander and 11 Best Video Game Stocks To Invest In.

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