Robinhood shares soar 14% after getting long-sought addition to S&P 500

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Robinhood

shares surged after S&P Global said it would add the online brokerage to the S&P 500

, ending months of speculation about its inclusion.

Shares jumped more than 14% in midday trading on Monday. If that holds through the closing bell, Monday would mark the stock’s best day since early April.

Robinhood shares soar 14% after getting long-sought addition to S&P 500

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