Reported 2 days ago
Robinhood has made a significant comeback, turning its fortunes around with a focus on profitability and growth in new business lines. After a tumultuous IPO and job cuts, the company's stock has soared 191% this year, propelled by strong earnings and initiatives including futures trading and acquisitions in crypto and investment research. CEO Vlad Tenev aims to expand Robinhood's offerings, positioning it as a major player in the fintech space and targeting substantial growth over the next decade.
Source: YAHOO