Robinhood climbs after reporting record earnings for first quarter

Breaking News: Earnings News

Robinhood climbs after reporting record earnings for first quarter
Robinhood Markets Inc,Investment Strategy,Breaking News: Markets

Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.

rose in extended trading Thursday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.

The company said the earnings and revenue numbers were both records for the firm. The stock jumped more than 4% in after hours trading.

 

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