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Robinhood share sags before the IPO: Robinhood can increase sales

The new broker and newcomer to the stock exchange Robinhood has presented its balance sheet for the expired business district.

In the third quarter of 2021, Robinhood had sales of $ 365 million. That was more than in the same quarter of the previous year, when the newcomer had reported a value of 202 million US dollars in sales.

Earnings per share were $ -0.05. In the third quarter of 2020, Robinhood reported a loss per share of $ 2.06.

The neobroker Robinhood has only been on the stock exchange since the end of July. On Wednesday, Robinhood shares were temporarily down 8.36 percent to $ 36.26 in pre-market NASDAQ trading.

Finanzen.at editors

Reference-www.finanzen.at

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