Robinhood Is Flying High But Will It Last?
Robinhood’s stock has been on a stunning run. Shares have climbed more than 3x over the past year, fueled by rocketing trading activity, higher engagement from existing users, and a steady rollout of new products that go well beyond basic stock trades.
Robinhood’s recent results are undeniably impressive. Revenue roughly doubled year over year and earnings popped nearly 4x.
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