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August 7, 2024 at 3:47 PM. By Manya Saini. (Reuters) -Robinhood beat Wall Street expectations for second-quarter earnings on Wednesday, as interest in meme stocks and cryptocurrencies soared, and ...
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 ...
After Robinhood announced new cost-cutting measures, one analyst remains bullish that the company can turn the corner. Robinhood is 'actually already profitable in real-time,' analyst argues ...
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.
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 ...
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 ...
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 ...