Robinhood Stock Price Forecast: Buy the Post-Earnings Dip?
The Robinhood (HOOD) stock price has collapsed to an all-time low. The sell-off continued on Thursday after the company published weak quarterly results. It is trading at $11.60, which is…
Robinhood Stock Plunges to Its IPO Price as Q3 2021 Crypto Revenues Disappoint
(Robinhood) Robinhood Markets Inc.'s shares fell more than 10% on Wednesday to trade at around its July $38 IPO price after its crypto revenue fell 78% to $51 million in…
No Ban on Payment for Order Flow? Robinhood’s Legal Officer Alleges So
(CNBC) Dan Gallagher, the chief legal officer at Robinhood, says he does not expect the Securities and Exchange Commission to ban the controversial payment for order flows. Gallagher, who previously…
Robinhood Sinks to $502 Million Loss in Q2 Despite a Jump in Assets under Custody
(Robinhood) Robinhood announced a net loss of $502 million in the second quarter, from a profit of $57.6 million in the same quarter last year. The net loss came despite…