US7707001027 - Common Stock
ROBINHOOD MARKETS INC - A
NASDAQ:HOOD (12/26/2024, 11:41:09 AM)
39.6
+0.02 (+0.05%)
Robinhood Markets, Inc is a financial services platform that pioneered commission-free stock trading with no account minimums and fractional share trading. The company is headquartered in Menlo Park, California and currently employs 2,200 full-time employees. The company went IPO on 2021-07-29. The company uses technology to provide access to the financial system. Its offerings include Brokerage, Robinhood Crypto, Custody, Robinhood Wallet, Robinhood Gold, and Robinhood Credit Card. Its Brokerage services include investing, options trading, fractional trading, recurring investment, access to investing on margin, fully paid securities lending, cash sweep, instant withdrawals, Robinhood retirement, 24-hour market, and IPO access and directed share program. The company also commission-free cryptocurrency trading in the through Robinhood Crypto, LLC. The company provides crypto recurring investments, allowing customers to automatically buy crypto, commission-free, on a schedule of their choice. The company also holds settled cryptocurrencies in custody on behalf of customers in two types of wallets: hot wallets, which are managed online and cold wallets, which are managed entirely offline.
ROBINHOOD MARKETS INC - A
85 Willow Road
Menlo Park CALIFORNIA
P: 18444285411
CEO: Vladimir Tenev
Employees: 2200
Website: https://robinhood.com
ROBINHOOD MARKETS INC - A (NASDAQ:HOOD) is a candidate for high growth investors. Here's why.
Robinhood Markets (NASDAQ: HOOD), the online brokerage that popularized commission-free trading, went public in July 2021 at $38 a share. Robinhood's stock plummeted as rising interest rates curbed the market's appetite for the higher-risk stocks, options, and cryptocurrencies that have driven most of its growth during the pandemic. Robinhood's stock trades at about $36 as of this writing, which marks a five-bagger gain from its all-time low but still falls shy of its IPO price.
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