Robinhood, a popular app for buying and selling stocks and cryptocurrencies, had a bit of a bumpy day! Its stock price went down a little, but the CEO is still feeling good about the future. Robinhood made a lot of money last year, and its customers are still using the app a lot.
- Robinhood's stock price dropped 8%, but it's still up overall for the year.
- The CEO thinks this drop is just a temporary thing, and things will get better.
- Lots of people are still using Robinhood to trade, even with the price changes.
Fact | Number |
---|---|
Robinhood's revenue in 2024 | $1 billion |
Customer deposits in 2024 | $50 billion |
Robinhood's stock price (end of day) | $45.92 |
Bitcoin's price (mentioned) | Below $87,000 |