FMP
May 29, 2024 12:13 PM - Davit Kirakosyan
Robinhood Markets (NASDAQ:HOOD) saw its stock climb over 2% in pre-market today following the announcement of a share repurchase program.
The board of directors authorized the Repurchase Program, enabling Robinhood to buy back up to $1 billion of its outstanding Class A common stock. This strategic initiative is set to begin in the third quarter of 2024 and will span the next two to three years. The buyback plan is open-ended, allowing the company flexibility in its execution.
This decision follows a 60% increase in Robinhood's shares year-to-date.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...