-
Crypto May Keep Dragging on Robinhood. Why One Analyst Is Raising Earnings Estimates.
linkweb3
2023-05-04
3117
Newsletter
AD
-
Summary：The crypto winter is likely to keep chilling Robinhood Markets but that’s no reason to be completely bearish. One analyst has even significantly raised estimates for full-year profit while cutting sales expectations ahead of first-quarter results due next week. Like peer Coinbase Global (ticker: COIN), broker Robinhood (HOOD) is heavily reliant on retail investors—a flighty cohort that tends to pile into bull markets and flee bears, causing swings in quarterly results amid the shifting w
The crypto winter is likely to keep chilling Robinhood Markets but that’s no reason to be completely bearish. One analyst has even significantly raised estimates for full-year profit while cutting sales expectations ahead of first-quarter results due next week. Like peer Coinbase Global (ticker: COIN), broker Robinhood (HOOD) is heavily reliant on retail investors—a flighty cohort that tends to pile into bull markets and flee bears, causing swings in quarterly results amid the shifting winds of sentiment.
Share：Disclaimer：As an open information publishing platform, shilian only represents the author's personal views and has nothing to do with shilian. If the article, picture, audio or video contains infringement, violation or other inappropriate remarks, please provide relevant materials and send it to: 2785592653@qq.com.
Hint：The information provided on this site does not represent any investment suggestion. Investment is risky, and you must be cautious when entering the market.
ShilianFan group：Provide the latest hot news, airdrop candy, red envelopes and other benefits, WeChat: rtt4322.
Recommended article-
-
2471 
AD
