Your email has been successfully added to our mailing list.

×
0.00028915526697502 5.40696840684426E-05 -0.000886272647557366 -0.000651187064650788 -6.3473107384679E-05 -0.00182661497918317 -0.00178194871843097 -0.00276695731080898
Stock impact report

A controversial part of Robinhood's business tripled in sales thanks to high-frequency trading firms [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
A controversial part of Robinhood's business tripled in sales thanks to high-frequency trading firms The revenue Robinhood gets from a controversial practice of selling customer trades to high frequency The popular millennial stock-trading app brought in $69 million in order routing revenue in 2018, according to a new estimate from Alphacution Research, three times what the company brought in a year earlier . "This certainly means they're growing," Paul Rowady, director of research at Alphacution, told CNBC. "There's a lot more flow going through Robinhood's platform." The Menlo Park, California-based company has ushered in 6 million users and a $5.6 billion valuation in its five-year existence. Its no-fee model for stock trading has been successful in attracting millennials and put pressure on incumbents like Charles Schwab TD Ameritrade Robinhood has faced criticism over its reliance on high-frequency traders, especially considering a founding ethos that some have categorized as "an Show less Read more
Impact Snapshot
Event Time:
CMCSA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CMCSA alerts
Opt-in for
CMCSA alerts

from News Quantified
Opt-in for
CMCSA alerts

from News Quantified