Shares of Robinhood Markets Inc. swung wildly Friday, one day after the brokerage reported a loss of $423 million for the fourth quarter.
The company’s stock price fell 14% at the start of the session, dropping below $10 during intraday trading for the first time, before turning positive. The stock finished up about 9.7%, settling at $12.73. It is down 28% in 2022.