The consensus price target hints at a 27.4% upside potential for Robinhood Markets (HOOD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Robinhood on Monday said that the SEC has closed its investigation into Robinhood's crypto unit and will not pursue action.
Robinhood on Monday said that the SEC has closed its investigation into Robinhood's crypto unit and will not pursue action.
Robinhood Markets Inc (NASDAQ:HOOD) said the Securities and Exchange Commission (SEC) has concluded its investigation into the trading platform's cryptocurrency division and has chosen not to pursue any enforcement actions. The company said it had received a letter from the SEC on Friday advising it of its decision.
The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday. CNBC's Kate Rooney has the details.
The fintech industry is set to keep growing going forward. To capitalize on this, you can bet on companies like HOOD, MCO and UPST to generate strong returns.
Robinhood Markets Inc (NASDAQ:HOOD) revealed earlier today that the U.S. Securities and Exchange Commission (SEC) is ending an investigation of its crypto unit and taking no action.
CNBC's Kate Rooney joins 'Squawk Box' to report on the latest news.
Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its investigation into the company's crypto trading arm with no action.
Shares of the disruptive financial services company Robinhood Markets NASDAQ: HOOD continue to soar. As of the February 20 close, the stock price has risen nearly 300% over the past 52 weeks.
“Elon Musk is willing to spend a phenomenal amount of money and basically do everything he can to stay with the head of the pack on A.I. progress.”
Robinhood Markets (HOOD) chief brokerage officer Steve Quirk joins Market Domination Overtime hosts Julie Hyman and Alexandra Canal to discuss retail investor trading trends. Quirk observes that following the November election, Robinhood customers "try and take advantage of what they saw as opportunities to add to [their] portfolio or remove some of the stocks in their portfolios.