Robinhood’s Stock Is in Show-Me Mode

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Heard on the Street: Over the course of a wild year, Robinhood’s business stabilized by some key measures, but that might not translate into its stock price

Robinhood Markets ’ business is seeing some stability. Whether markets believe it is another matter.

The meme-stock driven events of a year ago were wild, to say the least, for Robinhood, and for markets in general. Since then, though, by some measures, things have been relatively steady for the upstart online brokerage: Robinhood has now in equities and options trading for three quarters in a row: about $50 million in equity transaction-based revenue and more than $160 million for options.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Because they’re jerks and they’re not cool anymore

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines