Jun 6, 2024 - Economy

Charted: 📈 SEC knocks, COIN and HOOD gain

The line chart shows the significant increase in stock prices for both Robinhood and Coinbase from June 6, 2023, to June 6, 2024, with Coinbase rising more than 390% since the SEC sued the exchange one year ago. Robinhood's stock has also risen since it said it received the threat of enforcement action last month.
Data: Yahoo Finance; Chart: Axios Visuals

Neither the threat of enforcement action nor a civil lawsuit seem to have derailed Robinhood or Coinbase shares.

Zoom in: COIN's up almost 400% one year after the SEC sued it.

  • HOOD's up more than 25% since it said the SEC said it might be suing it.

💭 Our thought bubble: Wowowowowow.

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