Robinhood is going to open up down 88%* from its all-time highs. This is equivalent to what the Dow lost during The Great Depression. That happened in just under three years. Robinhood did it in six months. What a disaster.
On Robinhood’s conference call yesterday, the CFO said:
Over time, I’d like to see us having a working capital structure, a capital structure that is more balanced between debt and equity. …
On Robinhood’s conference call yesterday, the CFO said:
Over time, I’d like to see us having a working capital structure, a capital structure that is more balanced between debt and equity. …
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