Investment

89 Video

duration: 1 Hour and 41 Minute

Purchase guide

Why Robinhood Markets Shares Are Falling

00:01:03

Video prices: 5 SAR weekly

Robinhood ($HOOD@US) shares were trading lower after Goldman Sachs ($GS@US) lowered its price target on the stock from $42 to $31. Robinhood traded lower by 16% over the past five sessions and lower by 46% over the past month following the company's third-quarter earnings results in late October, an overall decline in the broader market, and a series of analyst rating updates. Robinhood aims to create and support a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. Robinhood expects the muted trading activity to persist into year-end. Management guided for revenue of no greater than $325 million in the fourth quarter and 2021 full-year revenue of less than $1.8 billion. Robinhood has a 52-week high of $85.00 and a 52-week low of $18.86.

display videos continuously:

Similar courses:

How to become rich

How to become rich

Number of videos: 71

Investment

Investment

Number of videos: 89

psychology

psychology

Number of videos: 72