Robinhood quarterly profit rises on strong trading activity
29/07/2026 21:08
Robinhood quarterly profit rises on strong trading activity July 29 (Reuters) - Robinhood Markets HOOD.O posted a rise in second-quarter profit on Wednesday, as volatility in the markets spurred higher trading activity on its platform.
The Menlo Park, California-based company's profit was $573 million, or 62 cents per share, for the three months ended June 30, compared with $386 million, or 42 cents per share, a year earlier.
(Reporting by Prakhar Srivastava in Bengaluru; Editing by Shailesh Kuber)
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