Previous close | 13.55 |
Open | 13.20 |
Bid | 12.90 |
Ask | 14.00 |
Strike | 5.00 |
Expiry date | 2025-01-17 |
Day's range | 13.20 - 13.20 |
Contract range | N/A |
Volume | |
Open interest | 473 |
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.
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.
Bitcoin still has a lot of potential and stocks like NVIDIA Corporation (NVDA), Interactive Brokers Group, Inc. (IBKR), Coinbase Global, Inc. (COIN) and Robinhood Markets, Inc. (HOOD) are poised to benefit once the rally resumes.