Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Why Robinhood Markets Shares Are Falling

Robinhood Markets, Inc. (NASDAQ:HOOD) shares are trading lower after JP Morgan lowered its price target on the stock from $26 to $17.

B of A Securities also initiated coverage on the stock with an Underperform rating.

See Also: Jim Cramer Weighs In On Ford's Stock: 'I Don't Think It's Done Going Up'

Robinhood Markets is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology.

Robinhood Markets has a 52-week high of $85.00 and a 52-week low of $17.71.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.