Robinhood app phone number
First and last name Phone number Email address Address (optional). The retail trading slowdown has carried over into the current quarter, Robinhood said. You can add a Trusted Contact to your account in the Robinhood app or on web. Robinhood said it had 22.4 million funded accounts, down slightly from last quarter, but up 96.5% from a year earlier. Total revenue rose 35% from a year earlier to $365 million.Īnalysts had expected revenue of $431.38 million, according to IBES data. Last quarter, trading in dogecoin - a token started as a joke - made up 62% of Robinhood's cryptocurrency transaction volume.Ĭrypto revenue rose 860% from a year earlier to $51 million, but was 78% off its second quarter level, Robinhood said.Įquities trading revenue fell 27% from a year ago to $50 million. "In Q3, crypto activity came off record highs, leading to fewer new funded accounts and lower revenue." Explore personal finance topics including.
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"Looking back at Q2, we saw a huge interest in crypto, especially doge, leading to large numbers of new customers joining the platform and record revenues," Robinhood Chief Executive Officer Vlad Tenev said on a call with analysts. Use s free tools, expert analysis, and award-winning content to make smarter financial decisions. While Robin Hood doesn’t provide assistance directly to individuals, there are many organizations throughout New York City.
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Make sure you know who youre dealing with when investing, and contact FINRA with. If you are interested in receiving funding from Robin Hood, please read Receive Funding.For information about open positions at Robin Hood, please refer to our Career Opportunities. Get information about ROBINHOOD FINANCIAL, LLC on Finra BrokerCheck.
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The slowdown in retail trading, one of the standout market trends of the COVID-19 era, comes as vaccine rollouts in the United States have helped allow the country to ease pandemic restrictions and activities like sports and other entertainment to resume. Contact us with any comments, questions, or suggestions you may have about our work. Robinhood, which owns the app that was at the center of January's trading mania for so-called meme stocks, said in August it expected retail investors to take a breather in the third quarter. On this news, Robinhoods stock price fell 4.13 per share, or 10.44, to close at 35.44 per share on October 27, 2021.