9/22/2023 0 Comments Download the robinhood appThe platform has seen its fair share of criticism. While the company's revenue hit $565 million in the second quarter - thanks in part to a surge in crypto trading - its third-quarter revenue dropped significantly to $365 million. Robinhood went public in July 2021, trading on the Nasdaq under the ticker symbol HOOD. The Silicon Valley darling - which grew its following amid an investing surge during the COVID-19 pandemic and the ongoing cryptocurrency boom - is a commission-free trading platform, meaning users can invest in everything from ETFs to Dogecoin without going through a traditional brokerage. The investing app is a favorite among everyday traders who congregate in online forums like Reddit’s r/WallStreetBets, and has surpassed 18 million active users since its launch in 2013. If you are at all interested in investing, you’ve almost certainly heard of Robinhood.
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