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.
https://www.tipranks.com/news/article/robinhood-stock-risky-but-a-potential-goldmine?utm_source=advfn.com&utm_medium=referral
Robinhood Markets (NASDAQ:HOOD)
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Robinhood Markets (NASDAQ:HOOD)
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