Trading platform Robinhood soon to settle meme stock lawsuit with its investors
Robinhood is on the verge of finalising a settlement with investors who sued the trading platform for halting the trading of certain meme stocks, including GameStop, in early 2021.
Robinhood (HOOD) Gains on Plan to Repurchase up to $1B Shares
Robinhood (HOOD) announces a plan to buy back up to $1 billion in shares over two to three years, starting from the third quarter of 2024.
HOOD Stock Alert: The $1 Billion Reason Robinhood Is Climbing Today
Robinhood Markets (NASDAQ: HOOD ) stock is advancing in early trading after the financial services company yesterday revealed that it would buy back $1 billion of its own shares. As a result of the news, HOOD stock is trending on social media and on financial news websites.
Robinhood Markets hits 30-month high on US$1b buyback plan
Robinhood Markets shares rose to a three year high in pre-market as the trading app underlined its growing confidence with a US$ one billion share buyback. Having been on a rollercoaster in the eleven years since it floated, commentators suggested the buyback is sign it wants its growing maturity to be acknowledged.
Robinhood Stock Jumps After Unveiling $1B Buyback Plan
Robinhood (HOOD) shares jumped more than 4% in extended trading on Tuesday after the online discount brokerage firm unveiled a $1 billion stock buyback program, signaling its coming of age as mature financial services provider.
Trading app Robinhood unveils $1 bln buyback plan
Trading app Robinhood Markets said on Tuesday it would repurchase shares worth up to $1 billion over a two to three year period starting from the third quarter.
Investors Heavily Search Robinhood Markets, Inc. (HOOD): Here is What You Need to Know
Zacks.com users have recently been watching Robinhood Markets (HOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
These 2 Retail Traders Favorites are Nearing Major Breakouts
Shares of Coinbase Global NASDAQ: COIN and Robinhood Markets NASDAQ: HOOD are capturing significant attention. Both stocks display promising technical patterns indicative of potential breakouts.
Robinhood Markets Stock: Buy, Sell, or Hold?
Robinhood is making progress in accumulating assets. The company is profitable, with a potential growth catalyst on the way.
3 Cathie Wood Stocks to Buy Now: May 2024
Cathie Wood's ARK Invest funds were unstoppable in 2020 as investors piled into disruptive innovation stocks during the low-rate lockdown environment. After peaking in early 2021, the ARK funds — most notably the ARK Innovation Fund (NYSEARCA: ARKK ) — went on a multi-year decline, eventually bottoming out at the tail end of 2022.
Robinhood lowers interest rate on margin loans in growth push
Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday, to encourage more customers to avail this facility that allows them to borrow against securities they hold.
Robinhood introduces lower margin rates in bid to wow advanced traders
In a quarterly earnings call last week, Robinhood CEO Vlad Tenev said that the company saw net positive inflows as customers pulled their money from every major brokerage and transferred it into their Robinhood accounts. Now, Robinhood is trying to give them a reason to keep it there.
