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Robinhood (HOOD) has been rallying this year, gaining close to 185% in the year to date, with a majority of its gains coming in the last three months, with shares up 165% in that period. The stock has set a series of all-time highs, topping out at $113 on July 18 before cooling off to trade near $104 on July 21.
Investors should note that this is the first time the stock has broken through the $100 threshold.