HOOD – DIGIT INFO

Robinhood doubles crypto trading volume, but shares dip 12% on Q3 earnings

DIGIT — Thu, 31 Oct 2024 01:57:18 +0000

Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations.

Cathie Wood’s ARK Invest dumps $36M of Robinhood stock

DIGIT — Wed, 09 Oct 2024 08:09:51 +0000

ARK’s $36 million Robinhood sale came amid the stock price surging more than 100% year-to-date and posting multiyear highs.

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Robinhood Reports 161% Surge in Q2 Crypto Revenue

DIGIT — Sat, 10 Aug 2024 01:46:10 +0000

Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies. Robinhood Reports Record Q2 2024 Revenues Driven by Cryptocurrency Trading Robinhood Markets, Inc. […]

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Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

DIGIT — Fri, 22 Mar 2024 16:30:54 +0000

On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s […]

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FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock

DIGIT — Fri, 23 Dec 2022 18:30:04 +0000

Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over FTX’s 56 Million Robinhood Shares On Dec. 22, 2022, court […]

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Robinhood axes almost 1 in 10 staff members as stock hits all-time low

DIGIT — Wed, 27 Apr 2022 03:11:47 +0000

“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev.

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Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’

DIGIT — Thu, 09 Sep 2021 23:30:52 +0000

On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out Recurring […]

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Robinhood shareholders want crypto wallets and a hat

DIGIT — Wed, 18 Aug 2021 09:31:42 +0000

Currently, users of popular stock and digital currency trading app Robinhood users can’t move their crypto off the platform.

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Robinhood stock outruns Bitcoin in intraday crash, down over 10% in pre-market

DIGIT — Thu, 05 Aug 2021 12:53:38 +0000

The decline followed Robinhood Market’s announcement that it would sell up to 98 million Class A shares over time.

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