Key insights
- Robinhood's Q1 earnings miss triggered a stock price decline. The author is seeking opinions on whether the stock will decline further before potentially increasing their investment. The post reflects retail investor sentiment and a focus on short-term price movements following an earnings announcement.
Robinhood stock went down over $10 after they missed their Q1 earnings. it dropped down to $70, and today it’s around $74. do you guys think that this is the bottom of the dip, or do you think that it is going to dip and go even lower in the near future here? I have invested in HOOD, and am looking to buy more shares because I see this company growing much larger in the future. i want to get the most bang for my buck obviously, so do you guys think right now is the best time or do you know any information that i’m unaware of that may cause it to drop further?