Revisiting the Gamestop Mania
The Canadian Investor
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Robinhood Stock Is Down 80% Since Their Hot IPO
Robinhood stock is down 80% since they're a little peak after their hot IPO. They were profitable from an operating income perspective right up until the quarter after this fiasco and their results. And so their free cash flow negative today, their last few quarters were pretty rough, man. The comp is down 35%, but they're not going to write the first thing in their press release total revenue down 35%. It talked about their sequential revenue increase of 6% from last quarter.
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