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At $9.55 a share, Robinhood's stock remains about 75% shy of its 2021 IPO price. To Tenev's point, this year has seen a host of milestones for the company made famous during the GameStop ( GME ...
Admittedly, trailing-12-month results still show Robinhood with negative free cash flow. And $127 million in profit is not a lot for a company valued at $15.7 billion , resulting in a trailing ...
August 6, 2024 at 3:25 AM. By Manya Saini. (Reuters) - Wall Street expects Robinhood's revenue to hit record highs in the second quarter as retail investors flock to its commission-free app to ...
Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right) speak onstage during Day 2 of TechCrunch Disrupt SF 2018 at the Moscone Center on September 6, 2018, in San Francisco, California. Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.
Assuming analysts accurately forecast Robinhood's earnings growth, shares are probably a hold. I generally like to buy stocks at a PEG ratio of 1.5 or less, and Robinhood's is sitting at 2.0 today ...
Robinhood's adjusted loss per share came in at $0.57, a penny more than estimated. Monthly active users in the first quarter totaled 11.8 million, up from 11.4 million in the fourth quarter of ...
The strong retail trading activity sent Robinhood's shares up 58% in the first three months of the year, the sharpest quarterly stock surge since its listing Robinhood set to report highest ...
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