Company News for Mar 28, 2024

• Robinhood Markets Inc.’s (HOOD) shares surged 3.8% after it introduced a credit card called Robinhood Gold Card, through which cash back can be deposited into a brokerage account.

• Shares of Coinbase Global Inc. (COIN) tumbled 3.8% after a judge ruled that the company should operate as an exchange under federal securities law of U.S. SEC.

• Merck & Co. Inc.’s (MRK) shares climbed 5% after the FDA approved its therapy for adults suffering from a life-threatening lung condition.

• Shares of nCino Inc. (NCNO) soared 19% after reporting fourth-quarter fiscal 2024 adjusted earnings per share of $0.21, surpassing the Zacks Consensus Estimate of $0.12. 

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