Robinhood May Be Beating Coinbase in Crypto. You'd Never Know From the Stocks.

Discussion in 'Wall St. News' started by ETJ, Aug 11, 2023.

  1. ETJ

    ETJ

    Robinhood May Be Beating Coinbase in Crypto. You'd Never Know From the Stocks.
    Jack Denton - Barron's
    Broker Robinhood Markets may be beating crypto-focused rival Coinbase Global at its own game, attracting retail traders during a tough time for digital assets, but you would never guess that from the stock market.
    Signs point to Robinhood (ticker: HOOD)—a retail investor-focused broker with offerings across stocks, options, and crypto—continuing to take market share from Coinbase (COIN), analyst Dan Dolev at Mizuho Securities wrote in a Friday research note. Mizuho rates Coinbase at Underperform with a target of $27 for the price. The stock closed at $83.39 on Thursday.
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