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 ...
A year ago, Robinhood reported a loss of 19 cents a share on $380 million in revenue. The company said that transaction-based ...
What Happened: After the market close on Wednesday, Robinhood said total funded customers grew to 23.6 million at the end of February, up approximately 130,000 from January. Net deposits were $3.6 ...
The Robinhood app launched in 2015 and has grown to over 10 million active monthly users in August of 2023. The largest population of Robinhood users is the millennial generation and first-time ...
and a loss of over one million users. “We face a challenging macro environment, one most of our customers have never experienced in their lifetimes,” Robinhood CEO Vlad Tenev said during an ...
Robinhood has not turned a profit in its three years as a public company, though consensus analyst estimates expect the company to record a $192 million profit in 2024. Shares of Robinhood are ...
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 ...
What Happened: Robinhood’s total funded customers grew to 23.6 million at the end of February, up approximately 130,000 from January. Net deposits were $3.6 billion last month. Assets under ...
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 ...
Terms may apply to offers listed on this page. Robinhood Gold is the broker's premium subscription plan that adds several features that many customers are likely to find valuable. But one big ...
Robinhood reported an increase in trading volumes across all asset classes compared to January 2024. The company also reported assets under custody of $118.7 billion, up 16% from January.
Robinhood Markets, Inc is a financial services platform that pioneered commission-free stock trading with no account minimums and fractional share trading. The firm is focused on providing retail ...