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 ...
The most recent trading session ended with Robinhood Markets, Inc. (HOOD) standing at $17.31, reflecting a +0.7% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.03 ...
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 ...
In 2021, the Financial Industry Regulatory Authority required Robinhood pay $1.25 million in a settlement. FINRA says that Robinhood made several false statements to customers regarding what ...
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 ...
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 recently announced that it is launching its own branded credit card called the Robinhood Gold Card. This card offers 3% cash back on all purchases, which would make it one of the most ...
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 ...
Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy.
The order by the SEC found that the inferior prices led to the loss of $34.1 million for customers, despite Robinhood stating between October 2018 and June 2019 that its execution quality matched ...