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#Robinhood stock

Robinhood posts $423 million net loss, shares sink after hours

Commission-free brokerage Robinhood Markets Inc on Thursday posted a $423 million net loss in the latest quarter, and its shares tumbled as much as 15% in after-hours trade even as revenue edged past analysts' estimates. Robinhood reported a net loss of $423 million or $0.49 per share in the three...
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CNBC

Robinhood shares rally more than 9% Friday after falling 14% in earlier trading

Robinhood clawed back major losses and gained on Friday as investors looked past disappointing guidance from the company and rallied around progress on new product developments. First-quarter revenue guidance and its data on monthly active users were the weak spots in its earnings report released Thursday after the bell. The...
STOCKS
TechCrunch

Why Robinhood is getting hammered today

The 2020-2021 trading and investing boom lifted a number of companies’ revenue growth, fundraising and narrative strength. Some of the best-known even went public on the back of a global trend that made their businesses shine. Now that shine is fading, and the value of select fintech concerns is in free-fall.
STOCKS

Robinhood stock falls 11% in post-market trading after it reported massive $432 million loss: App's CFO says customer trading has dropped off since height of pandemic boon

Commission-free brokerage Robinhood on Thursday posted a $423 million net loss in the latest quarter, and its shares tumbled as much as 15% in after-hours trading even as revenue edged past analysts' estimates. Robinhood reported a net loss of $423 million or $0.49 per share in the three months ended...
STOCKS
Motley Fool

3 Popular Robinhood Stocks to Buy in This (Almost) Stock Market Correction

Microsoft's business is firing on all cylinders with great growth prospects in the metaverse and more. PayPal looks especially attractive at current valuations with the shift to digital payments gaining momentum. Pfizer offers something for growth, value, and income investors. Everyone has heard the mantra "buy low, sell high." For...
STOCKS

Markets Are Falling But Splashy IPO Stocks Like Robinhood And Coinbase Are Doing Even Worse

Despite record waves of deal activity and massive fanfare leading up to their public-market debuts, a slew of companies that dominated headlines ahead of initial public offerings in the last two years have become some of this year's biggest stock market losers—exemplifying investors' growing skepticism toward speculative, and often unprofitable, firms as stocks post one of the worst starts to a year ever.
STOCKS

Robinhood and Coinbase shares hit their lowest levels ever

New York (CNN Business) — The bloodbath in the cryptocurrency market is taking a gigantic toll on online brokerage stocks Robinhood and Coinbase. Shares of both companies, which each went public last year, slid Monday to new all-time lows before bouncing back. Robinhood ended Monday up 1% after plunging...
STOCKS
The Verge

Robinhood has to pay a trader around $30K for restricting trades on certain stocks

Jose Batista, a retail investor, was awarded almost $30,000 from Robinhood after filing a complaint using the Financial Industry Regulatory Authority’s (or FINRA’s) arbitration service. His case may end up being an example for other retail traders who are still upset at the trading platform’s actions in January of 2021.
MARKETS
Motley Fool

Better Fintech Stock: Robinhood Markets vs. PayPal

Robinhood disrupted the brokerage market with free trades, but its business model is very wobbly. PayPal’s digital payment business is more stable, but it set some very lofty goals for 2025. One of these fintech stocks is clearly a safer investment. Robinhood Markets (NASDAQ:HOOD) and PayPal Holdings (NASDAQ:PYPL) represent...
MARKETS
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