Robinhood Markets, Inc(NASDAQ:HOOD) was trading slightly lower Tuesday as the company heads into its fourth-quarter earnings print after the close.
When Robinhood printed mixed third-quarter results on Nov. 7, the stock plunged almost 14% lower the following day before bottoming out at $7.92 mark on Nov. 9 and Nov. 16. The subsequent bounce up off that level caused Robinhood to form a bullish double bottom pattern, which caused the stock to soar 70% between Nov. 16 and Dec. 27, where Robinhood peaked at $13.51.
For that quarter, Robinhood reported a loss of 9 cents per share, beating a consensus estimate of a loss of 10 cents per...
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