Robinhood Markets (NASDAQ:HOOD) stock started its life as a public company on July 29 at an initial price of $38. After hitting a high of $85 during its first few days of trading, HOOD stock has swiftly plunged back to the $50 territory. It currently hovers at $47, around 25% above its initial public offering price.
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Investors already question whether this selloff was an early warning for HOOD shares. Robinhood will issues Q2 earnings on Aug. 18, its first such announcement as a public company. Therefore, today we look at what investors....More>>>