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HOOD May 2024 17.000 put
| Previous close | 1.1100 |
| Open | 1.1300 |
| Bid | 0.9400 |
| Ask | 0.9700 |
| Strike | 17.00 |
| Expiry date | 2024-05-31 |
| Day's range | 0.9100 - 1.1400 |
| Contract range | N/A |
| Volume | |
| Open interest | 96 |
- Yahoo Finance Video
Why Robinhood's SEC threat shouldn't worry investors: Analyst
Robinhood (HOOD) has received a warning from the Securities and Exchange Commission (SEC) that the trading platform could face an enforcement action regarding its crypto business on the platform. Mizuho Americas Senior Financial Technology Analyst Dan Dolev joins Market Domination to discuss why he's not concerned about this development. Dolev notes that there's no reason for investors to be worried about Robinhood's stock falling, as "this is not new news." He points out that this issue was previously discussed by Robinhood, with the SEC just now "taking action on something they've been calling out for two years." Furthermore, he emphasizes that Robinhood's crypto exposure is "very minimal." Dolev commends Robinhood for being "the good guy" among crypto exchange platforms, steering clear of "riskier tokens." He suggests that Robinhood not fighting the SEC probe will benefit the trading platform in the long run. "The fundamentals of Robinhood are so good that this is going to remain as a little bug bite, not more than that," Dolev told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
ReutersRobinhood set to report highest quarterly revenue since meme stock frenzy
Trading app Robinhood Markets is expected to report its highest quarterly revenue in nearly three years, helped by a steady rebound in equity markets and crypto trading. Robinhood, at the heart of the meme stock frenzy in 2021, is bouncing back from a slowdown in retail trading activity that followed the pandemic-led trading activity surge. The strong retail trading activity sent Robinhood's shares up 58% in the first three months of the year, the sharpest quarterly stock surge since its listing.
ZacksRobinhood (HOOD) Gets SEC's Notice for US Crypto Business
Robinhood (HOOD) receives a notice from the SEC regarding its crypto operations. The regulator deems the non-registration of securities as a violation of rules.
