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With Robinhood's stock up a sizzling 260% over the past year, a long-time Wall Street bear is finally tossing in the towel.JP Morgan analyst Ken Worthington upgraded his rating on Robinhood shares ...
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 margin book hit an all-time high of $5 billion in Q2, enabling the company to earn $73 million in interest revenue, which was also a record. Robinhood's interest revenue could soon plunge
Robinhood’s 2024 election contracts showed Donald Trump as the frontrunner at 57 cents, with Vice President Kamala Harris trailing at 45 cents. Winning candidate contracts will pay out $1 each.
By Jonathan Stempel (Reuters) -A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from ...
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.
Following a funding round in May 2018 which increased Robinhood's valuation to $6 billion, Tenev and Bhatt became billionaires. [4] [8] In November 2020, Tenev became the sole CEO of Robinhood, having previously shared the co-CEO title with Bhatt. [9] In July 2021, Robinhood went public via an initial public offering at a $32 billion valuation ...
Robinhood also plans to expand its presence as an educational platform to empower traders in the U.K. The company has a separate news service that provides stock analysis.