Robinhood Stock Is Soaring, but I'm Worried About This 1 Thing
Robinhood(HOOD) The Motley Fool·2024-02-17 18:44
Life as a public company has been a rollercoaster for Robinhood Markets (HOOD 4.32%). It listed on the Nasdaq exchange in mid-2021 at 85 as young, first- time investors rushed to its brokerage platform at the height of the pandemic. Robinhood was unable to maintain that momentum, however, and its stock has since plunged 84% from its peak. The company has consistently lost active users over the last two years, and it has struggled to deliver revenu ...