Shares of Robinhood Markets Inc rose more than 50 percent on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week.
The online brokerage’s shares closed at $70.39, off the session high of $85 when the stock was up nearly 82 percent, with one analyst dubbing it “the meme of memes” in a reference to stocks popularized this year by retail investors congregating in online platforms such as Reddit’s WallStreetBets.
