Robinhood (HOOD) Launches Investor Index

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Robinhood (HOOD) August Data Should be Relatively Supportive for Shares Says Analyst

September 13, 2022 11:15 AM EDT

Robinhood (NASDAQ: HOOD) released its August operating data on Monday, which revealed Net Cumulative Funded Accounts at the end of August were 22.9 Million, unchanged from the end of July 2022, while Monthly Active Users came in at 13.3 Million, up 0.1 Million from the end of July.

Following the data, analysts at Piper Sandler, Goldman Sachs, and Morgan Stanley released notes commentating on Robinhood's performance:

Piper Sandler analyst Richard Repetto, who has a Neutral rating and a $10 price target on the stock, said the... More

Robinhood (HOOD) announces index that captures how customers are investing based on the top 100 most owned stocks on Robinhood

September 9, 2022 6:58 AM EDT

(Updated - September 9, 2022 6:59 AM EDT)

Robinhood (NASDAQ: HOOD) announced:

Robinhood was founded on the belief that everyone should have access to the financial markets. Weve been democratizing finance for all since 2015, and weve helped a new generation of investors get started on their financial journeys. Over the last several years, weve seen our customers become a powerful force in the markets and usher in a new era for Wall Street. With this has come a lot of speculation about our customers portfolios. Today, were unveiling the Robinhood Investor Index... More