TradingKey – Robinhood Markets (NASDAQ: HOOD) heads into its earnings week sitting on a key support level. The stock fell 5.25% to $96.58 on Thursday, October 22, as the AI and chip selloff hit high-growth names. Shares are about 36% below their 52-week high of $150.47.
The drop came on the same day Robinhood won a Dubai license, which shows how little company news mattered in that selloff. Robinhood reports third-quarter results after the close this Tuesday, October 27, with a video call at 5:00 p.m. ET.
What the Street Expects
Analysts expect revenue of about $1.42 billion to $1.43 billion, up roughly 12% from $1.27 billion a year earlier. EPS is expected at about $0.55 to $0.56, below the $0.61 reported a year ago. Robinhood has beaten…
