Here’s why Robinhood’s weak guidance isn’t worrisome for this analyst

Robinhood Markets Inc’s (NASDAQ: HOOD) revenue more than doubled in Q2 on a year over year basis. The company, however, cited low trading activity as it warned of a lower revenue this quarter – an announcement that saw the stock slip about 10% last night. JJ Kinahan’s remarks on CNBC’s “Squawk Box” Robinhood attributed much […]