Robinhood (HOOD) Earnings
Robinhood (HOOD) reported Q1 revenue of $340 million, down 35% compared to 2021. The analyst’s consensus estimate was for $448.2 million in revenue for the first quarter.
SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution
The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms
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