Revolut Launches UK Crypto Exchange as Digital Assets Recover [BNN Bloomberg (Canada)]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: BNN Bloomberg
The new platform, called Revolut X, will allow “experienced traders” to buy and sell over 100 different tokens, according to a statement on Tuesday. Fees will range from zero to 0.09%, and investors must have a Revolut retail account to trade on the venue. Revolut is making the crypto push just as regulators around the world tighten controls following a string of high-profile scandals in the nascent industry. Robinhood Markets Inc. said on Monday that it has received a Wells Notice from the US Securities and Exchange Commission about its crypto business, meaning it faces an enforcement action. In August last year, London-based Revolut announced it would stop offering crypto trading services to US-based customers, citing market uncertainty and changes to the local regulatory landscape. Read more: Revolut to Halt US Crypto Activity Over Regulatory Environment ©2024 Bloomberg L.P. FAANG stocks
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HOOD
News
- Robinhood Stock Soared Over 20% This Week -- Here's Why [Yahoo! Finance]Yahoo! Finance
- Robinhood Soars on Double Upgrade From Long-Time Bearish Analyst [Yahoo! Finance]Yahoo! Finance
- Robinhood Soars on Double Upgrade From Long-Time Bearish Analyst [BNN Bloomberg (Canada)]BNN Bloomberg
- Robinhood Markets, Inc. (NASDAQ: HOOD) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "buy" rating. They now have a $24.00 price target on the stock, up previously from $14.00.MarketBeat
- Robinhood Markets, Inc. (NASDAQ: HOOD) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $30.00 price target on the stock.MarketBeat
HOOD
Earnings
- 5/8/24 - Beat
HOOD
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/14/24 - Form 4
- HOOD's page on the SEC website