What's Going On With Robinhood Markets Stock?
Portfolio Pulse from Adam Eckert
Robinhood Markets Inc (NASDAQ:HOOD) shares are trading higher after JMP Securities analyst Devin Ryan reiterated a Market Outperform rating and maintained a $25 price target. The stock has seen increased retail investor attention, being among the most mentioned on Reddit's r/wallstreetbets and Stocktwits. Robinhood is set to report Q2 financial results on Aug. 2, with an expected loss of 1 cent per share on quarterly revenue of $470.28 million.
July 11, 2023 | 1:12 pm
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Robinhood's stock is trading higher, driven by a positive rating from JMP Securities and increased retail investor attention. The company is expected to report Q2 results on Aug. 2.
The stock is trading higher due to a positive rating from JMP Securities and increased attention from retail investors. The upcoming Q2 results could further influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100