Robinhood Markets Inc HOOD shares are trading lower by 6.54% to $9.94 going into the close of Friday's session. Shares of banks and financial services companies are trading lower amid overall market weakness as investors continue to weigh inflation concerns. Negative price action in Morgan Stanley MS following earnings could also be impacting the sector.
What's Going On With Morgan Stanley Friday?
Morgan Stanley reported third-quarter adjusted EPS of $1.53, beating consensus analyst estimates of $1.50. The New York-based bank, under CEO James Gorman, reported quarterly revenue of $12.9 billion, missing consensus estimates of $13.3 billion. Revenue was down 12% from a year ago...Read More
See Also: Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results
According to data from Benzinga Pro, Robinhood Markets has a 52-week high of $43.36 and a 52-week low of $6.81.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
