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2021-11-22

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Deutsche Bank Sees Robinhood’s Stock Slide Getting Even Worse

(Bloomberg) -- Robinhood Markets Inc.’s shares have already sunk to a record low -- and there’s stil

Deutsche Bank Sees Robinhood’s Stock Slide Getting Even Worse

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The Menlo Park, California-based company has skidded to four straight record lows and since Nov. 8 hasn’t traded above the $38 price of its July initial public offering.\nDeutsche’s Bedell said the company’s prospects may have looked overly optimistic in the midst of the day-trading surge. 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Deutsche Bank Sees Robinhood’s Stock Slide Getting Even Worse

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