Robinhood Stock Eases After Cryptocurrency Fuels Huge Earnings Beat
Investor's Business Daily · 2 days ago
r/wallstreetbets
Search results
- 16.23Add to watchlist-1.07 (-6.18%)At close: Fri. May 10, 2024 4:00 PM EDT · Nasdaq Real Time Price (USD) · Market closed
- Open17.41High17.68Low16.22
- Mkt Cap14.26BP/E (TTM)115.93Div & YieldN/A & N/A
- Prev. Close17.3052 Wk. Low7.9152 Wk. High20.55
Related stocks
Learn how to buy shares at the IPO price as the stock becomes available to the general public with IPO Access from Robinhood. Find out who can participate, how to request IPO shares, how many you can get, and the risks and terms of investing in an IPO.
- Robinhood IPO Details
- Robinhood Founding and History
- Robinhood Company Financials
- How Much Is Robinhood Worth?
- Additional Company Details
- The Bottom Line
- GeneratedCaptionsTabForHeroSec
Robinhood Markets Inc. is an online brokerage company with a stock trading and investing app aimed at younger retail investors. The company, an early adopter of zero-commission trades, filed for an initial public offering (IPO), submitting an S-1 registration form to the Securities and Exchange Commission (SEC) on July 1, 2021.Robinhood previously ...
Robinhood was founded in 2013 by Stanford graduates Vlad Tenev and Baiju Bhatt. The duo had prior experience on Wall Street before launching Robinhood, having previously founded Celeris, a trading technology firm, and Chronos Research, which sold fintech software to investment banks. The Robinhood app was launched in April 2013 as an app for tracki...
Robinhood is a commission-free brokerage, meaning users do not have to pay fees to trade stocks on its platform. Trading fees have been the traditional way brokerages made money; in the absence of these fees, Robinhood has had to find other ways to generate revenue. Robinhood's biggest source of revenue is from a practice called payment for order f...
According to online public database Crunchbase, Robinhood has raised a total of $5.6 billion from investors over 24 funding rounds. The most recent round on Feb. 1, 2021, raised $2.4 billion. Robinhood was valued at $40 billion at its February funding round, substantially higher than the $11.7 billion valuation from its September 2020 round.Among i...
One notable factor that could complicate Robinhood's IPO is Securities and Exchange Commission (SEC) Chair Gary Gensler's current focus on reviewing PFOF as a practice. He announced on June 9, 2021, at a conference that the SEC was investigating the role market markers play in the structure of the stock market as well as the role of PFOF. This is m...
Online brokerage firm Robinhood offered its stock Nasdaq exchange under the ticker "HOOD" for $38 a share. The company is selling upward of 57.9 million, with its founders and CFO selling another 2.6 million shares between them. The company expects to raise roughly $2 billion from the IPO, rising to $2.3 billion if the underwriters exercise their g...
Robinhood Markets Inc. is an online brokerage company with a stock trading and investing app for younger retail investors. It filed for an IPO on July 1, 2021, pricing its shares at $38 per share and raising close to $2 billion, valuing it at $32 billion. The company has faced criticism and regulatory scrutiny over its role in the GameStop short squeeze and its financial performance.
Jul 29, 2021 · Robinhood’s initial public offering priced at $38 a share, the low end of the expected range. That suggests demand for the controversial company may have been softer than anticipated.
Jul 19, 2021 · New York CNN Business —. Robinhood could soon be worth $35 billion. The booming yet controversial trading app said Monday it plans to raise up to $2.3 billion in an initial public offering.
- 2 min
People also ask
Can I buy IPO using Robinhood app?
Is Robinhood a publicly traded company?
Does Robinhood offer IPO?
Should I invest in Robinhood?
Jul 29, 2021 · The online brokerage priced near the low end of its range and raised close to $2 billion in its initial public offering. Robinhood, which offers equity, cryptocurrency and options trading, has grown rapidly amid the pandemic and the GameStop trading mania.
Jul 28, 2021 · Jul 28, 2021 10:03AM EDT. Credit: Dado Ruvic - Reuters / stock.adobe.com. T omorrow, stock trading firm Robinhood ( HOOD) is making its long-awaited public market debut. The mobile brokerage will...
Ad
related to: Robinhood Iporobinhood.com has been visited by 10K+ users in the past month
Join 22M+ users on Robinhood today and get a free stock on us. Certain limitations apply. Trade Stocks, Options, ETFs with Robinhood Financial and Crypto with Robinhood Crypto.
