Robinhood Has Lost its One True Advantage – Barrons

Robinhood Markets posted a wider-than-expected loss in the fourth quarter and said that its revenue would slump in the first quarter. But the biggest red flag for the company is in its user growth numbers. An important advantage that Robinhood had over its competitors for the past few years appears to be gone, and there’s no sign of how it will get it back.

Investors appear to have mixed feelings about the earnings report. After trading sharply lower in premarket hours, Robinhood (ticker: HOOD) stock was up 5% on Friday. It…

Leave a comment

Your email address will not be published. Required fields are marked *