3 Years Ago
2 Min Read
HOOD down -5%. Here's what's moving the stock:
Shares of Robinhood Markets, Inc. (HOOD) are trading -5% lower at a price of $8.42 at the time of this writing.
- Coindesk reporting "Shareholders of crypto exchange Coinbase (COIN) and brokerage platform Robinhood Markets (HOOD) face risk of higher share dilution stemming from restricted stock units (RSU) included in employee compensation plans, JPMorgan (JPM) said in a note to clients Monday."
- Meanwhile JPM analyst Kenneth Worthington stated in his note to clients: “Coinbase and Robinhood, like their tech-company peers, issue substantial equity to company employees allowing companies to both attract and incentivize employees while keeping cash compensation lower.”
Robinhood Markets, Inc. has been trading between a 52-week high of $85 and a 52-week low of $6.81. The stock has a market cap of $6.26 Billion.
Headlines
Robinhood Markets Inc. (NASDAQ: HOOD) Stock Forecast For 2022: $28.00 Per Share On The Upside
Marketing Sentinel 07-26-22
Coinbase and Robinhood Stockholders Have Another Reason to Worry
Barron''s 07-26-22
Coinbase, Robinhood Shareholders Could Face 30% Dilution: JPMorgan
Benzinga 07-26-22
Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan
CoinDesk 07-25-22
GameStop NFT Ups the Ante With New Ex-Robinhood Hire
InvestorPlace 07-25-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
ComprehensiveLaw1961 - 9 upvotes - source
Tesla puts about to get me out the hood
sandpipa78 - 3 upvotes - source
HOOD when 20?
MasterJeebus - 2 upvotes - source
People in my hood would steal your shoes. Thats why i wear sandals. No body steals sandals.
sandpipa78 - 2 upvotes - source
SNAP buying HOOD for a new product, disappearing portfolio.
Pizza_n_Tendies - 2 upvotes - source
WMT was the harbinger, MCD is the main event. We will soon find out the poors are not eating on top of the fact they ain't buying new clothes. No more trickle up effect keeping the economy going. This is also evident in hoodnomics. The hood is no longer on the move near me.
LightBoyRick69 - 2 upvotes - source
COIN and HOOD can give fucks about fucking its' customers and shareholders over
Leon2274 - 1 upvotes - source
He was a meth head, u know he is buying wayyyyy otm calls on HOOD
AxemanFromMA - 1 upvotes - source
No fees on hood, nothing to lose
AdditionalCompany947 - 1 upvotes - source
To be honest i’m a cpa (i’m young tho 23) I make 65k and I can’t save because rent in the hood is 1400 a month. So I spend a little more to be safe. Completely kills my motivation man
TheWonderfulLife - 1 upvotes - source
Where I live, a mortgage in the hood is more than twice what I pay in rent to be 2 blocks from the beach. So im fine renting, thanks.
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