The move has impacted unprofitable growth stocks, such as Robinhood, more than other. The brokerage reported a net loss of $423 million for the fourth quarter. Transaction-based revenue was $264 ...
Robinhood reported a net loss of US$423 million or $0.49 per share in the three months ended December. A year earlier, which was before its IPO, the company posted net income of $7 million or $0. ...
Robinhood posted a net loss of $541 million compared with a net loss of $1 billion for the prior-year end, as well as a 37.3% year-over-year (YOY) growth in net revenue. Net loss was impacted by ...
A year ago, Robinhood reported a loss of 19 cents a share on $380 million in revenue. The company said that transaction-based ...
Gold membership rose 25% year-over-year in the fourth quarter, reaching 1.42 million. Gold adoption rose to 6.1% of Robinhood’s customer base. Compared to Robinhood’s average customer ...
Robinhood 'failed to disclose' payments it received from trading firms for routing customer orders to them, according to the Securities and Exchange Commission. Popular online trading service ...
Robinhood on Tuesday unveiled the Robinhood Gold Card, its first credit card. For some Gold cardholders, the credit card will ...
Platform trading app Robinhood, which continues to make headlines ... the company made $331 million from customers’ trading activity in the first quarter. This is more than triple the $91 ...
Robinhood offers new investors a platform designed ... Due to the amount of risk and the vast potential of loss involved with active trading, most experts recommend that almost all investors ...
Robinhood Markets co-founder Baiju Bhatt will no longer serve as an executive at the company whose app helped facilitate a meme-stock craze. Bhatt has been at or near the helm of Robinhood, an ...
Robinhood was once an upstart brokerage platform giving investment powerhouses a run for their money by appealing to a new generation of traders and investors. Now the financial-services company ...
That lesson was not lost on Robinhood ... million, beating Wall Street expectations for $422 million amid a spike in market volatility. Adjusted operating profits tallied $115 million compared to ...