Robinhood

News of New York

US stock indices fall in trading on Friday
8 April 2022
3819
Last day of trading this week US stock indices fell slightly on Friday as investors continued to digest policy signals from the Federal Reserve. The Dow Jones Industrial Average index fell 63.46 points to 34,520.11, while the S&P 500 and Nasdaq...
U.S. stock market: Dow Jones, S&P and Nasdaq dipped
28 January 2022
3252
US stock indices on Friday The Dow Jones Industrial Average fell more than 178 points, or 0.5 per cent, while the S&P 500 and Nasdaq Composite fell 0.6 per cent and 0.3 per cent respectively. Caterpillar shares fell after it noted that obstacle...
Wall Street's banks earn record amount for IPOs in 2021
20 January 2022
3890
Top banks JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022. The latest fin...
Robinhood shares plummet after data of its 5 million users was hacked
10 November 2021
3853
Robinhood users hacked Shares in Robinhood (HOOD) fell 3.2% in off-trade after the company reported a hacking attack that put the personal data of 5 million of its customers into the hands of attackers. Robinh...
Robinhood's earnings from cryptocurrency trading plummeted
27 October 2021
4034
Revenues plummeted Shares of Robinhood (HOOD) fell after the online broker reported earnings below market analysts' forecasts as cryptocurrency trading volumes on the company's platform dropped sharply. Robinh...
Threats to Robinhood's business grow from PayPal and the EU
31 August 2021
4094
Threat to business Robinhood shares fell 6.9 per cent on Monday amid news of competition threats from PayPal and regulatory risks to the company's business model from the US Securities and Exchange Commission (SEC). Sh...
Robinhood revenues double, but company warns of slowdown in trading
19 August 2021
4044
Doubling revenues Shares in Robinhood fell 12% as a forecast slowdown in trading in the current quarter outweighed news that the company doubled its earnings in Q2. Online trading company Robinhood (HOOD) rep...
Robinhood shares up 5% as the ban on the company's earnings model is delayed by the authorities
16 August 2021
3821
All about Robinhood shares The Congress Finance Committee has shelved plans to ban Robinhood's earnings model, which has positively impacted shares. However, the risks of the ban have not been completely removed. Robinhood shares could also be affec...
Robinhood buys Say Technologies platform for $140m
12 August 2021
4178
Robinhood & Say Technologies There's a lot of similarity between the stock market debut of Robinhood Markets (NASDAQ:HOOD) and the IPO of Facebook (NASDAQ:FB) over 9 years ago: both were met with a chill from investors, Robinhood shares started ...
Robinhood shares jumped nearly 10 per cent, surpassing IPO price
3 August 2021
3857
More than the IPO price Only 1.3% of Robinhood Markets Inc (NASDAQ:HOOD) users participated directly in the online trading app's IPO. According to the publication, 301,573 customers of the online broker bought sha...
Robinhood shares fall more than 8% after Nasdaq IPO
30 July 2021
3970
Robinhood shares One of the most anticipated IPOs of 2021 for Robinhood, a popular trading app, was followed by an 8.4 per cent drop in shares at the close of trading on Thursday. Shares i...
News from Robinhood ahead of IPO
27 July 2021
3624
On the eve of an IPO Robinhood, whose investment app allows you to trade stocks and cryptocurrencies, held an unconventional public roadshow, inviting all potential investors. Robinhood's initial public offering, or IPO, wi...
Wall Street expects a series of reforms with new SEC head
14 June 2021
4159
Wall Street reforms The new head of the US Securities and Exchange Commission (SEC), Gary Gensler, has unveiled 49 solutions to reform Wall Street rules, including a call for stricter regulation of platfo...
Shares in a Danish company jumped almost 15 times on the New York stock exchange for the day
12 June 2021
3688
Shares have risen 15-fold Shares in small Danish firm Orphazyme surged almost 15 times in value during Thursday's trading session on New York's Nasdaq electronic exchange. As Bloomberg reported on Friday, representatives of the f...
Robinhood will allow users of its platform to buy shares before the IPO
21 May 2021
5044
IPO Access Robinhood is launching a new IPO Access product that aims to "democratise IPOs" by allowing ordinary users to invest in companies' shares before they go public. Robinhood, whose stock trading app has revolutionised access to Wall Street ...
Robinhood estimated the settlement with FINRA at $26.6 million
1 March 2021
3449
Conflict with FINRA Digital asset friendly platform Robinhood is in talks with a number of regulators regarding a possible settlement of claims from them. This is according to a statement sent to the US ,Secur...
American stock indices rose 0.3-0.6%
8 February 2021
3897
Rising value of indices The US stock market surged in trading on Friday, with the S&P 500 and Nasdaq indices reaching record highs. By the end of last week Dow Jones indicator rose by 3.9%, the highest since the week ended November 13, notes Mar...
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