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Robinhood's ride to fintech supremacy has been almost as volatile as the meme stocks that trade on its platform. Its IPO debut on July 28, 2021, ended with the stock down 8% to $34.82.
Robinhood's transaction revenue is still down from its 2021 levels During the peak of the stock market frenzy in 2021, Robinhood had 21.3 million monthly active users on its platform.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Robinhood Markets wasn’t one of them. The 10 stocks that made ...
Dolev rated Robinhood an Outperform with a $60 price target, estimating a 50% upside to the stock price from its current levels of $39. The average Wall Street price target on Robinhood is $44 ...
Robinhood announced that the company would slash 9% of its workforce in an effort to reach profitability by the end of the year. The company then reported a very lackluster first quarter ...
Robinhood Markets (HOOD) reported fourth-quarter revenue on Thursday which missed Wall Street analysts' estimates. Shares of the commission-fee trading platform declined as much as 7% in after-hours.
Robinhood is making a big play to be an active trading platform.
The "hope" is that over time Robinhood's stock will reflect those efforts, Tenev explained. Shares of Robinhood are down 1% in the past year, lagging the S&P 500's 14% gain.