• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Robinhood Shares Fall on Atlantic Equities Downgrade

June 15, 2022 by Forex Winner Leave a Comment

Robinhood Shares Fall on Atlantic Equities Downgrade

Source: Seeking Alpha

Shares of American financial services firm Robinhood Markets slipped on Wednesday following a rating downgrade from Atlantic Equities. HOOD is down 3.53%, while COIN is up 3.23%.

  • Robinhood shares fell by 2.6% on premarket trading and fell even lower by 4.36% when the market officially opened.
  • The decline comes after Atlantic Equities analyst John Heagerty slapped a neutral rating on the firm, down from underweight previously.
  • The downgrade was attributed to issues with the steep decline of Robinhood users and the average revenue per user.
  • Heagerty flagged the possibility of a further decline amid the return to pre-pandemic behavioral trends and a possible recession.
  • He also noted the decline in the valuations of cryptocurrencies, which will hit volumes and order value.
  • Annual revenue for the year is expected at 10% before scaling up to 25% by 2023. A negative adjusted EBITDA is seen until 2025.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

FXTM

FXTM [ForexTime] Review

August 9, 2019 By Forex Winner

Fidelity Review

November 19, 2019 By Forex Winner

Vantage FX

Vantage FX Review

August 15, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure