Wall Street scrapped a 25-year-old rule. Does it make Robinhood stock a buy right now?

Eliminating this rule could boost trading volumes at Robinhood.

Robinhood's customers walked away because of a 25-year-old trading rule—and now it's finally gone: 'No reason to leave us'

The multi-decade Pattern Day Trader (PDT) rule officially ended on Thursday, June 4, triggering the most significant change to retail trading access in a generation and liberating millions of ...
AOL

Mizuho Raises Robinhood to $115 as the SEC Pattern Day Trader Rule Change Opens the Floodgates

The Focal Project / https://creativecommons.org/licenses/by-nc/2.0/ / Flickr Robinhood Markets (NASDAQ:HOOD) stock just earned a strong endorsement from Mizuho, as ...
Crypto on The Street on MSN

Robinhood announces major changes for Fourth of July

Robinhood traders have one more reason to celebrate the Fourth of July.
Wall Street Journal

End of ‘Pattern Day Trader’ Rule Could Turbocharge Retail Stock Trading

A Securities and Exchange Commission move to axe a decades-old rule aimed at damping risky trades could encourage small investors to get even more active in the U.S. stock market. Retail brokerages ...
Forbes

SEC Reverses Day Trading Rule In Boon For Retail Brokers

The SEC is replacing the 25 year-old Pattern Day Trader rule with a new system focused on real-time risk. The change could encourage small investors to take more risk. This voice experience is ...
24/7 Wall St

Mizuho Raises Robinhood to $115 as the SEC Pattern Day Trader Rule Change Opens the Floodgates

Robinhood Markets (NASDAQ:HOOD | HOOD Price Prediction) stock just earned a strong endorsement from Mizuho, as analyst Dan Dolev raised his price target to $115 from $105 while maintaining an ...