Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.
Read More
2 minute read

Why Robinhood Markets Stock Is Rallying Thursday

By Adam Eckert
May 9, 9:15 AM
Roboinhood shares are rising Thursday after the company reported better-than-expected financial results for the first quarter. Total revenue was up 40% on a year-over-year basis. Transaction-based revenue was up 59% year-over-year to $329 million, primarily driven by cryptocurrency revenue of $126 million, which was up 232% year-over-year.

HOOD

Read More
2 minute read

Medical Marijuana Giant Trulieve, Backer Of Florida’s Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit

By Jelena Martinovic
May 9, 8:49 AM
Trulieve Cannabis Corp. announced on Thursday its first quarter results for the three months ended March 31, 2024. The Tallahassee, Florida-based medical cannabis giant reported revenue of $298 million for the first quarter of fiscal 2024, representing an increase of 4% sequentially and year-over-year, with 96% of revenue from retail sales.

AYRWF