Robinhood shares pop more than 4% in overtime on earnings beat
Hey Morgan, Robin Hood shares are moving higher in after hours trading, up more than 4% after beating Wall Street expectations for the second quarter. The company posted earnings of 42 cents a share, above the 31 cents that analysts expected and revenue of 989 million versus the $98 million estimate. Revenue jumping 45% from a year ago, while net income more than doubled to 386 million.Funded accounts climbed to 26.5% million and total platform assets nearly doubled to 279 billion, up 99% year-over-year. Th ...