BUZZ-Robinhood to pay $30 mln in FINRA settlement; shares slide amid market sell-off

Reuters
2025/03/10
BUZZ-<a href="https://laohu8.com/S/HOOD">Robinhood</a> to pay $30 mln in FINRA settlement; shares slide amid market sell-off

** Shares of retail trading platform Robinhood HOOD.O down 13% to $38.67 on Mon amid broader retreat in equities

** Nasdaq .IXIC falls nearly 4% on the session to six-mth low as economic growth concerns mount .N

** Late Fri, HOOD agreed to pay $29.75 mln to end several Financial Industry Regulatory Authority (FINRA) probes into its supervision and compliance practices

** Menlo Park, California-based co did not admit or deny wrongdoing, saying it has remediated the problems, which date back to 2014

** Shares of HOOD also tend to track moves in bitcoin BTC=, which is off ~3% on Mon around the $81,500 mark

** Stock hit a 1-yr intraday high of $66.91 on Feb 13 after co reported eight-fold jump in transaction-based rev from crypto trading for Q4

** With move on the session, stock up nearly 130% over the past year

** 12 of 19 analysts covering HOOD rate stock "strong buy" or "buy", rest "hold"; median PT of $74.77 up from $54 a month ago and from $49 on Dec 10, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10