-5.3 C
New York
Friday, February 21, 2025
spot_img
HomeTagsRobinhood

Robinhood

Robinhood Presents Huge Losses And A Declining User Base!

Commission-free retail brokerage Robinhood posted a net loss of $423 million or $0.49 per share in the three months ended December. A year earlier, the company posted a net income of $7 million or $0.01 per share. Shares of Robinhood sank as much as 15% to $9.98 in extended trading following results. The share price at its IPO in July last year was $38, and its record high in August was $85.

Sorry, But The Meme-Stock Revolution Is Over!

Meme Stock Revolution in 2021? Some smart guys behind the Reddit WallStreetBets subreddit and their community (more than 11.4 million members) pushed some penny stocks and transformed them into meme stocks. It was a wild ride for the shares of GameStop and AMC. These two stocks caught fire in early 2021 as Meme Stock Revolution took off.
spot_img

No posts to display

Latest articles

Trump vs. Zelenskyy: Is This the Beginning of the End for Ukraine’s Wartime President?

The escalating tensions between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy have...

Researchers Release Uncensored Version of DeepSeek-R1 as Open Source

A research team from the U.S.-based AI startup Perplexity has developed a modified version of the...

Longrevity: The New Lifestyle Trend for a Longer, Healthier Life

The quest for eternal youth is as old as humanity itself. While it was...

Arista Networks, Inc. (NYSE:ANET) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. lifted its position in shares of Arista Networks, Inc. (NYSE:ANET –...