Robinhood

ARK Invest bought shares of Robinhood after trimming its position over the summer, citing stronger fundamentals: event contracts revenue scaled to $156 million in Q2 and surpassed crypto, platform assets rose to $384 billion with $4 billion net deposits in August, and margin balances climbed to $21.5 billion. These trends point to deeper customer engagement and multiple revenue streams for Robinhood, though volumes have cooled since a June peak. The author rates Robinhood as a hold given a valuation near 39 times projected 2027 earnings, not a clear buy at current levels. » Więcej na finance.yahoo.com

Robinhood joined an 18‑firm underwriting syndicate for Oura's IPO in its first formal underwriting role, giving it greater leverage over retail share allocations. CEO Vlad Tenev said the move lets Robinhood advocate for retail investors in the room and pursue bigger allocations using a data‑driven approach. The firm is expanding its wealth services, exploring new products and has accumulated over $3 billion in banking deposits as it seeks more underwriting deals. » Więcej na finance.yahoo.com

A $1,000 investment in Robinhood one year ago would now be worth $981.44, representing a 1.86% loss. A year ago the closing price was $117.46; the current close of $115.28 means 8.514 shares for a $1,000 stake. Robinhood’s market value is most recently quoted at $105.26 billion; the stock was first traded on 29 July 2021. » Więcej na finanzen.net