Robinhood's stock, trading under the ticker symbol $HOOD, closed above $27 for the first time in three years, marking a significant milestone for the company. The increase in stock price has generated excitement among investors, with one individual reporting the purchase of 135 shares at prices ranging from $26.20 to $26.50. The company is set to host a livestream event on October 16, 2024, at 6:30 PM ET, where it is expected to announce new products and initiatives. Ahead of this event, Robinhood has introduced bonus incentives for its users during 'HOOD Week,' which runs until October 27. These incentives include a 2% match on ACAT transfers for users with a $10,000 margin balance, a 3% match for retirement account transfers, and a 2% match on joint account transfers.