The key question for trading platform Robinhood is how long the recent acceleration in retail trading will last, broker KBW said in a research report that initiated coverage of the stock with a market perform rating and a $20 price target.
If there is continued strength in retail stocks and cryptocurrency prices, the acceleration in retail engagement could continue and may even increase, the report published Tuesday said. Retail activity is expected to moderate from the levels seen in the first quarter and gradually decline into 2025, the note said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Housing Market Update: Are Sellers Returning to the Market?Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
Source: Newsweek - 🏆 468. / 52 Read more »
Bitcoin Market Cap Records New ATH, Shiba Inu’s Double Digit Run Continues (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Canon Aims to Achieve Overwhelming Market Share in Mirrorless Camera MarketCanon's 2024 corporate strategy includes the goal of becoming the number one player in the mirrorless camera market. The company plans to establish an absolute position in the market by expanding its EOS R system and targeting video-oriented customers. Canon already leads in interchangeable lens mirrorless sales in the United States, but aims for a more dominant position.
Source: petapixel - 🏆 527. / 51 Read more »
Bitcoin (BTC) Price Plunged Below $61K but Market Recovery Signs Appear (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »
New market highs, IPO market heats up, and a good sign for Stanley Black & DeckerEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Source: CNBC - 🏆 12. / 72 Read more »
As the market regains momentum in the bull market, which exceptional projects has Foresight X identified?Historically, VCs have been adept at implementing 'counter-cyclical' strategies and discerning shifts in market sentiment.
Source: TheBlock__ - 🏆 464. / 53 Read more »