Robinhood's pandemic-era gains are receding, and CEO Vlad Tenev announced Tuesday that around 340 employees would be laid off.

Robinhood to lay off 9% of full-time employees

05:36pm, Tuesday, 26'th Apr 2022
Robinhood's layoff announcement comes days before the company is expected to report its Q1 2022 financial performance.
Robinhood grew its workforce too quickly, from 700 people to around 3,800 between 2020 and 2021, CEO Vlad Tenev said.

Robinhood to cut its workforce by 9%

05:06pm, Tuesday, 26'th Apr 2022
Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade.
Kate Rooney reports Robinhood will cut about 9 percent of its full-time employees on 'Closing Bell: Overtime.'
Robinhood Markets Inc. is cutting 9% of its workforce, the online-trading platform's chief executive announced Tuesday afternoon, as the company's stock hit another new low.

These 2 Nasdaq Stocks Hit All-Time Lows Tuesday

03:45pm, Tuesday, 26'th Apr 2022
The broader market is taking a big hit.
Despite HOOD stock declining by over 40% this year, Ark Invest has been busy buying up shares. The firm currently owns 28 million shares.
These two fintechs went public last summer. Where do they stand now?
A major chunk of the corporate workforce could be toking up during work hours on 4/20 – including half of employees at Wall Street powerhouse JPMorgan Chase and the stock-trading app Robinhood, acco
Once a pandemic darling, this company has now lost 87% of its value.

Robinhood Adding Crypto Asset Platform Ziglu

01:15pm, Tuesday, 19'th Apr 2022
Stock and cryptocurrency exchange Robinhood has signed an agreement to acquire U.K.-based electronic money institution and cryptocurrency asset firm Ziglu Limited, according to a Tuesday (April 19) co
Robinhood has agreed to buy Ziglu, a British fintech app that lets users trade bitcoin and several other cryptocurrencies.
Robinhood Markets Inc (NASDAQ:HOOD), the controversial US retail trading platform , said it has agreed to acquire digital currency platform Ziglu. The London-based platform will provide Robinhood with

Robinhood: It's Time To Dive In For The Long Haul

06:53am, Saturday, 16'th Apr 2022
Shares of Robinhood have been in a consistent downtrend since its IPO, and have lost 40% year-to-date. Slower trading activity driven by this year's correction has been a major headwind, though equity
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