Previous close | 20.01 |
Open | 20.01 |
Bid | 20.07 x 3000 |
Ask | 20.15 x 19500 |
Day's range | 19.88 - 20.53 |
52-week range | 7.91 - 20.55 |
Volume | |
Avg. volume | 15,605,386 |
Market cap | 17.605B |
Beta (5Y monthly) | 1.63 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.61 |
Earnings date | 10 May 2024 - 14 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 15.88 |
The major indexes rebounded on Wednesday. Nvidia fell while Cathie Wood's Robinhood rose. Tesla got a price target downgrade amid delivery concerns.
Shares of Robinhood Markets jumped on Wednesday after the financial technology firm launched a credit card, as it expands its product offerings in order to reduce its reliance on market-sensitive trading revenue. Retail-investor focused Robinhood is set to offer its premium 'Gold' tier customers a credit card which would have no annual fee, no foreign transaction fees and offers 3% cashback, in the form of reward points, on spends. "Tieing the credit card to Robinhood's Gold program should be accretive to revenues because of the profitable options trading and use of margin that comes with it," said Michael Ashley Schulman, partner and CIO at Running Point Capital Advisors.