IPO Stock Of The Week: Robinhood Surges Above Buy Point On Analyst Upgrade
HOODRobinhood(HOOD) investors.com·2024-05-18 02:51

IPO Stock Of The Week Robinhood Markets (HOOD) surged past an alternative buy point Friday, adding to its big gains. Robinhood stock is on Investor's Business Daily's IPO Leaders screen. X In the company's May 8 first quarter report, the online trading platform reported earnings and sales that crushed Wall Street's estimates due to a surge in retail cryptocurrency trading. Robinhood earned 18 cents a share, a big shift from a year-ago loss. Revenue surged 40% year over year, to a record $618 million. Analys ...