Robinhood Reports Profit in Q4, Exceeds Revenue Expectations
In the fourth quarter, Robinhood earned an impressive $30 million, equivalent to 3 cents per share. This was a stark contrast to the previous year's loss of $166 million or…
FTX CEO Denies Reports Crypto Exchange Seeks to Acquire Robinhood
(Reuters) FTX CEO Sam Bankman-Fried has refuted claims that his crypto exchange is in talks to buy brokerage firm Robinhood Markets. Bankman-Fried was responding to reports that emerged on Monday…
Robinhood Jump 30% as Sam Bankman-Fried Discloses 56.2M Share Stake
(SEC) Shares of Robinhood Markets rose more than 30% in pre-market on Friday before retreating after Sam Bankman-Fried disclosed a stake of 7.6% in the online brokerage firm. Crypto billionaire…
Robinhood Stock Falls 11% After Reporting Lower Revenues, Users
(Robinhood) Robinhood stock plunged more than 11% after reporting revenues of $299 million in the first quarter of 2022, 43% lower than the comparable quarter of 2021. The brokerage firm…
Robinhood Adds Shiba Inu, Polygon, Solana, and Compound Tokens
(Robinhood) Meme token SHIB, Polygon’s MATIC, Solana’s SOL, and Compound’s COMP have been added to the Robinhood platform. The additions follow a move, last week by the brokerage firm to…
Robinhood Stock Falls 4% as Goldman Assigns a “Sell” Rating
(Robinhood) Shares of Robinhood slipped more than 4% on Friday in premarket after Goldman Sachs analyst William Nance gave a sell rating from neutral. Nance cited the softening retail engagement…
Robinhood Now Allows More Trading Hours. Stock Gains 22%
(Robinhood) Shares of Robinhood Markets Inc. surged more than 22% on Tuesday after allowing users to extend trading to between 7 a.m. ET and 8 p.m. ET. The extended trading…
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 Swings Into Q4 2021 Losses of $423 Million, Stock Falls
(Robinhood) Robinhood fell more than 13% in premarket trading on Friday after the company reported a $423 million loss in the fourth quarter of 2021, The loss was a decline…
Robinhood Recovers Some Losses as it Files to Terminate Share Resale
(Seeking Alpha) Shares of Robinhood Markets jumped by more than 4% in premarket on Wednesday after it filed to end a resale of its Class A common stock as per…
Robinhood Extends Declines to Record Lows as IPO Lockup Expires
(Seeking Alpha) Brokerage firm Robinhood Markets fell up to 7.9% to touch a record low of below $24 on heavy trading volume as its IPO lockup ended. Robinhood’s stock attracted…
Shiba Inu Maintains Surge as Petition to List on Robinhood Surpasses 300,000
(Bloomberg) Shiba Inu hit a record of almost 0.000060 after signatures submitted to Change.org requesting Robinhood to list the meme token reached 326,000. Robinhood CEO Vlad Tenev says the exchange…