Added to YB: 2024-09-18
Pitch date: 2024-09-18
HOOD [bearish]
Robinhood Markets, Inc.
-399.25%
current return
Author Info
@blondesnmoney (aka cluseau) shares the stocks they are buying on Twitter and their newsletter. Sign up for the newsletter.
Company Info
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies.
Market Cap
$122.0B
Pitch Price
$23.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
56.76
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
SEC's Tick Size Proposal Puts Robinhood's PFOF Model Under Pressure
HOOD short: SEC deciding on min tick size tomorrow. Potential reduction to 0.005 or 0.002 could lower PFOF revenue, especially for meme stocks. Even if approved, legal challenges likely. May impact VIRT too. Shorted 1,200 shares today.
Read full article (1 min)