Robinhood’s (HOOD) Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish

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The company missed many important revenue metrics, including “account growth, new net assets, trade pricing, new gold account subscriptions,” the Wall Street banking giant JPMorgan said in a note. Still, it is managing expenses well, which supported earnings per share (EPS) for the quarter, the bank’s analysts said.

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