Why Robinhood Stock Jumped 13% Today
Robinhood(HOOD) The Motley Fool·2024-02-15 05:33
Shares of online brokerage Robinhood Markets (HOOD 13.01%) jumped as much as 17.4% in trading on Wednesday after the company reported fourth-quarter 2023 financial results. Shares closed the day up 13%. The big quarter Revenue jumped 24% to 236 million and an 8% jump in transaction revenue to 30 million, or 166 million, or $0.19 per share a year ago. Analysts were only expecti ...