Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United StatesIPO:
29 July 2021Website:
http://robinhood.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:59:53 GMTDividend
Analysts recommendations
Institutional Ownership
HOOD Latest News
Shares in Robinhood Markets (HOOD) plunged Thursday after the online brokerage missed Wall Street's quarterly revenue expectations due to a customer promotion program.
Robinhood Markets Inc (NASDAQ:HOOD) sunk over 15% on Thursday after reporting incentives aimed at drawing in customers had eaten into revenue over the third quarter. Matches on asset transfers and individual retirement arrangement (IRA) contributions caused a $27 million reduction in revenue over the quarter, the company said in results.
Robinhood Markets (HOOD) shares sank 15% Thursday, a day after the online brokerage posted worse-than-expected results as a promotion to get more customers impacted performance.
Shares of Robinhood Markets fell nearly 11% before the market open on Thursday after more than doubling in value this year, as incentives aimed to attract customer assets hurt third-quarter results.
Robinhood Markets, Inc. (NASDAQ:HOOD ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Chris Koegel - VP of Corporate, FP&A and IR Vlad Tenev - CEO and Co-Founder Jason Warnick - CFO Conference Call Participants Craig Siegenthaler - Bank of America Merrill Lynch Dan Dolev - Mizuho Patrick Moley - Piper Sandler Brian Bedell - Deutsche Bank Devin Ryan - Citizen JMP Benjamin Budish - Barclays John Todaro - Needham and Company Steven Chubak - Wolfe Advisor Andrew Stein - FT Partners Operator Thank you for standing by. My name is Catherine and I will be your conference operator today.
Robinhood Markets has made its name as a place for younger investors to day trade meme stocks, crypto and options on their phones. And on Wednesday's (Oct.
The contracts will be priced between two cents and ninety-nine cents, earning a $1 payout if the user guesses the winning candidate.
Robinhood Markets (HOOD) shares advanced Monday after the online trading platform announced that its customers could now make trades on the outcome of the race for U.S. president.
Robinhood Markets Inc (NASDAQ:HOOD) shares traded higher after the online trading platform announced that it will allow certain users to bet on the US presidential election starting on Monday. Through Robinhood Derivatives (RHD), users will be able to bet on the outcome of the election, being held on November 5.
Robinhood is jumping into the prediction betting game, announcing users can begin trading the 2024 presidential election that is eight days away. Users can trade a Kamala Harris or Donald Trump contract starting Monday, said the company, as long as they meet certain criteria that include being a U.S. citizen.
What type of business is Robinhood Markets?
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
What sector is Robinhood Markets in?
Robinhood Markets is in the Financial Services sector
What industry is Robinhood Markets in?
Robinhood Markets is in the Capital Markets industry
What country is Robinhood Markets from?
Robinhood Markets is headquartered in United States
When did Robinhood Markets go public?
Robinhood Markets initial public offering (IPO) was on 29 July 2021
What is Robinhood Markets website?
https://robinhood.com
Is Robinhood Markets in the S&P 500?
No, Robinhood Markets is not included in the S&P 500 index
Is Robinhood Markets in the NASDAQ 100?
No, Robinhood Markets is not included in the NASDAQ 100 index
Is Robinhood Markets in the Dow Jones?
No, Robinhood Markets is not included in the Dow Jones index
When was Robinhood Markets the previous earnings report?
No data
When does Robinhood Markets earnings report?
Next earnings report date is not announced yet