9 05, 2024

Robinhood Stock Rises on Record Revenue in Q1 Thanks to New Assets, But is it Time to Buy HOOD?

By |2024-05-09T17:14:05+00:00May 9th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Robinhood Markets (HOOD) reported its fiscal first quarter results Wednesday that featured a record-breaking revenue performance field by newly acquired assets as the company sought to diversify its offerings for customers.  Shares jumped around 7% prior to the market opening but have since settled at around even on the day. They’re still up more [...]

11 04, 2024

Despite Robinhood’s Recent Downgrade, We Still See 3 Reasons to Buy HOOD Today

By |2024-04-11T16:07:44+00:00April 11th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Robinhood (HOOD) has been on a tear through 2024 so far, up more than 43% year-to-date fueled by an uptick in retail trading, particularly for Bitcoin. However, one analyst believes that this trend is poised to reverse and has changed his outlook from neutral to sell as a result. Citi analyst Christopher Allen says [...]

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