Previous Close | 18.15 |
Open | 18.04 |
Bid | 16.83 x 4000 |
Ask | 16.88 x 2900 |
Day's Range | 17.83 - 18.41 |
52 Week Range | 7.91 - 19.23 |
Volume | |
Avg. Volume | 15,394,316 |
Market Cap | 15.925B |
Beta (5Y Monthly) | 1.63 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.61 |
Earnings Date | May 10, 2024 - May 14, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 15.49 |
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Trading platform Robinhood has "paused" its plan to lend to UK-based customers to allow them to make leveraged trades pending further talks with regulators, as it launches its UK business, the company said. Robinhood, which launched its UK arm on Tuesday, had planned to offer margin investing, a risky form of trading in which customers borrow money to make bigger trades. A page about margin investing on Robinhood's UK website said on Monday that the company charged 12% interest on the loans and could offer the product due to a "regulatory exemption" which meant Robinhood UK was not required to assess customers to see if margin investing was appropriate for them.
Cryptocurrency News: Bitcoin on Monday fell below $68,000 after on Thursday climbing to a new record high near $74,000. Cryptocurrency prices slid Monday while bitcoin ETF prices eased. How are crypto custodians keeping digital assets secure?
Stocks like NVIDIA Corporation (NVDA), CleanSpark Inc. (CLSK), Coinbase Global, Inc. (COIN) and Robinhood Markets, Inc. (HOOD) are likely to benefit from the ongoing Bitcoin rally.