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Investor's Business Daily

Investor's Business Daily

Market Advisory Services buys RIA platform TradePMR for $300 million in cash and stock

Investor's Business Daily
Summary
Nutrition label

76% Informative

Robinhood Markets agrees to acquire TradePMR , a custodial and portfolio management platform.

Robinhood stock popped to a multiyear high amid a Street-leading price-target hike.

The estimated $300 million cash-and-stock deal is set to close in the first half of 2025 .

About 75% of those customers are Gen Z and millennials, Robinhood says.

VR Score

81

Informative language

89

Neutral language

15

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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