Robinhood Stock: Risky, but a Potential Goldmine
March 30 2022 - 10:33AM
TipRanks
Robinhood (HOOD) had experienced one of the worst global
high-profile stock market debuts since the inception of the
pandemic. The company's shares have been tanking continuously,
making them one of the worst market performers amongst companies
that had raised $2 billion or more on global exchanges since early
2020. Despite its immense popularity, Robinhood's stock has
declined substantially from its IPO price. It is currently down by
~15% year-to-date. Multiple issues such as rising inflation levels,
the conflict between Russia and Ukraine, and most importantly, the
regulatory concerns surrounding its payment for order flow revenue
model have heightened the pace of its declining growth rate.
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Robinhood Markets (NASDAQ:HOOD)
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From Jun 2022 to Jul 2022
Robinhood Markets (NASDAQ:HOOD)
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From Jul 2021 to Jul 2022