Source: Coindesk.com
Robinhood shares tumbled more than 10% in premarket trading on Thursday following its third-quarter earnings report. JPMorgan said the negative reaction was unsurprising given the stock's outperformance this year. Broker JMP raised its Robinhood price target to $33 from $30 and remained bullish on the stock.
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The post "Robinhood's Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish" appeared first here Coindesk.com.
Source: Coindesk.com
