A rising tide lifts all boats... we all know this But HOOD still leaks, and always will be a money-sink. That EPS is just horrible. Not that many years ago, you couldn't even legally take a company to IPO with stats that are THAT bad.
Well this certainly isn't a good morning for shit in the 'hood'. As expected, easy come... easy go- As long as crypto doesn't fall any lower, HOOD will still enjoy its 'artificial' gains from yesterday. But eventually, we all know where HOOD is headed in the longer term.
And another similar shit-day in the HOOD today... That brief hope of an exit-strategy already lost for the bag-holders. Let's see what other gimmicks like 'Meta' or 'NFTism' this fail-company can drum up with to lure some more suckers in.