The online brokerage's third-quarter earnings missed analyst forecasts for both revenue and earnings per share.
You can bet on the election on Robinhood, but the details of how this is done are important for Robinhood's long-term growth.
The contracts will be priced between two cents and ninety-nine cents, earning a $1 payout if the user guesses the winning candidate.
Robinhood Markets (HOOD) shares advanced Monday after the online trading platform announced that its customers could now make trades on the outcome of the race for U.S. president.
With the U.S. presidential election a week away, another brokerage is letting people bet on whether Kamala Harris or Donald Trump will win.
Robinhood Markets Inc (NASDAQ:HOOD) shares traded higher after the online trading platform announced that it will allow certain users to bet on the US presidential election starting on Monday. Through Robinhood Derivatives (RHD), users will be able to bet on the outcome of the election, being held on November 5.
Robinhood is jumping into the prediction betting game, announcing users can begin trading the 2024 presidential election that is eight days away. Users can trade a Kamala Harris or Donald Trump contract starting Monday, said the company, as long as they meet certain criteria that include being a U.S. citizen.
Shares of Robinhood Markets Inc (NASDAQ:HOOD) are up 3.2% at $27.93 at last glance, and trading at nearly three-year highs.
HOOD is slated to report Q3 results on Wednesday. Read on to know whether the stock is worth betting on now or if investors should wait.
The Big Board announced on Friday that it was seeking approval to expand trading on its electronic Arca platform from 16 hours a day to 22 hours a day.
Robinhood announced the launch of U.S. presidential election event contracts on Monday, enabling customers to trade based on their prediction for the tightly contested race between Vice President Kamala Harris and former President Donald Trump.
Evaluate the expected performance of Robinhood Markets (HOOD) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.