January 27, 2021

HOOD Stock Robinhood Stock Price NASDAQ: HOOD

Nearly 81% of Robinhood’s revenues in Q1 FY 2021 were transaction-based revenues, generated from PFOF, including what the company calls transaction rebates on cryptocurrency trades. About 12% of total revenue was from interest, either charged on margin accounts or from putting customers’ uninvested cash in bank accounts and keeping the interest. Finally, close to 8% […]