Robinhood Markets, Inc. - Class A Common Stock (HOOD)
91.27
+0.00 (0.00%)
NASDAQ · Last Trade: Jul 9th, 7:15 AM EDT
Detailed Quote
Previous Close
91.27
Open
-
Bid
92.01
Ask
92.10
Day's Range
N/A - N/A
52 Week Range
13.98 - 100.88
Volume
230,484
Market Cap
21.23B
PE Ratio (TTM)
51.86
EPS (TTM)
1.8
Dividend & Yield
N/A (N/A)
1 Month Average Volume
49,809,803
Chart
About Robinhood Markets, Inc. - Class A Common Stock (HOOD)
Robinhood Markets Inc is a financial technology company that provides a digital platform for trading stocks, options, and cryptocurrencies. Designed to make investing accessible to a broader audience, Robinhood offers commission-free trades and has gained popularity for its user-friendly mobile app, which allows users to buy and sell financial instruments with ease. In addition to its trading services, the company also offers features such as cash management, educational resources, and research tools, aiming to empower investors of all experience levels to take control of their financial futures. Read More
A new report by Coinmetrics recapped the most important developments shaping the crypto markets in the year’s second quarter, underscoring the sector’s rebound after a shaky first quarter.
Bit Digital (NASDAQ:BTBT) has made a decisive pivot away from Bitcoin (CRYPTO: BTC), converting its entire treasury to Ethereum and accumulating roughly 100,000 ETH
PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase's total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year. Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings. Overall, Coinbase's strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase's strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment. Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).
Cathie Wood's Ark Investment Management has filed plans to launch four new exchange-traded funds designed to offer downside protection for investors in its flagship ARK Innovation ETF (BATS: ARKK), while placing a cap on potential gains.
Lithuania’s central bank has reached out to Robinhood for more details on its tokenized equities following concerns raised by OpenAI last week, according to a CNBC report
Webull Corp. (NASDAQ: BULL) shares are trading higher Thursday. Trading volume has spiked to over 24 million shares traded, well above its 100-day average of around 10 million. Here's a look at what may be driving the increase in investor interest.
