Robinhood NASDAQ: HOOD is the company that created the trading app that once epitomized the democratization of finance and the financial services sector. Robinhood's stock price has surged by over 330% this year, which is a dramatic rebound from its previous lows. This resurgence has sparked renewed interest from Robinhood's analyst community and institutional investors, with some projecting even greater heights. However, this remarkable rally masks underlying challenges and strategic shifts that demand car ...

Robinhood Markets (NASDAQ: HOOD ) shares have performed well over the last few months on the back of strong stock and crypto market performances, respectively. Shares of the upstart broker have increasedThis account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th cen ...

Robinhood Markets (HOOD) has announced a pivotal move in its expansion strategy with the $300 million acquisition of TradePMR, a custodial and portfolio management platform specializing in services for Registered Investment Advisors (RIAs). With this stock and cash deal expected to close in the first half of 2025, HOOD is signaling a significant shift from a retail trading platform to a diversified financial services provider. The deal got support from investors and the company shares touched a three-year h ...

Robinhood Markets Inc (NASDAQ:HOOD) stock is up 4.8% ahead of the open, after Needham upgraded the brokerage platform to "buy" from "hold" and set its price target at $40. The brokerage platform also announced an agreement to acquire TradePMR for approximately $300 million, a move it hopes will increase its investment advisory capabilities. The analyst in coverage noted Robinhood could benefit from new crypto-friendly leadership at the U.S. Securities and Exchange Commission (SEC) after the election. Robinh ...

There is an unavoidable risk on the horizon for Robinhood.Robinhood Markets (HOOD 0.31%) went public in 2021 at $38 per share and quickly rocketed to an all-time high of $85. Investors rewarded the company's ability to attract young, first-time investors who wanted to trade financial assets like stocks and options contracts to its platform.However, the bear market during 2022 spooked many of Robinhood's clients, and its stock subsequently plunged by more than 90% from its record high. A recovery is now unde ...

Robinhood Markets, Inc. (NASDAQ:HOOD) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Research Steven Chubak All right. So good morning, everybody. Thanks, everybody, both in the room and on the webcast for joining us today. My name is Steven Chubak. I cover the diversified banks, brokers and alternative asset managers. It's quite a mouthful at Wolfe Research. I'm really excited to introduce our next sp ...

Robinhood Markets, Inc. (NASDAQ:HOOD) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Research Steven Chubak All right. So good morning, everybody. Thanks, everybody, both in the room and on the webcast for joining us today. My name is Steven Chubak. I cover the diversified banks, brokers and alternative asset managers. It's quite a mouthful at Wolfe Research. I'm really excited to introduce our next sp ...

Malka Meyer, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).On November 6, 2024, Meyer offloaded a total of 321,218 shares of Robinhood’s Class A Common Stock at an average price of $30.0054, generating approximately $9.64 million in proceeds.Form 4 filing detailing Malka Meyer’s sale of HOOD stock. Source: SECThe following day, on November 7, he sold an additional 105, ...

MENLO PARK, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2024: Funded Customers at the end of October were 24.4 million (up approximately 90 thousand from September 2024, up over one million year-over-year).Assets Under Custody (AUC) at the end of October were $159.7 billion (up 5% from September 2024, up 89% year-over-year). Net Deposits were $5.2 billion in October, translating to a 41% annualized gr ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.After a substantial post earnings drop, Robinhood Markets, Inc. (NASDAQ: NASDAQ: HOOD ) watched its share price skyrocket last week post election. The com ...