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May 26, 2025 7:05 AM

02:21 PM EDT, 05/13/2025 (MT Newswires) -- Robinhood (HOOD) said it agreed to acquire WonderFi Technologies, a portfolio firm belonging to Mogo ( MOGO ) , for an all-cash purchase price of 250 million Canadian dollars ($179 million).

Mogo ( MOGO ) shares soared 68% as intraday trading volume surged to more than 125.8 million from a daily average of about 76,000.

Robinhood shares jumped 9% as intraday trading volume stood at over 43 million compared with a daily average of about 48.2 million.

Landsea Homes ( LSEA ) catapulted 60% after it agreed to be acquired by Apollo Global Management ( APO ) for $1.2 billion in cash.

More than 23 million shares of Landsea traded intraday compared with a daily average of about 338,000.

Price: 62.52, Change: +5.09, Percent Change: +8.86

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