Robinhood’s Way Out of the Woods

Short selling hasn’t been much help to Robinhood Markets’ beleaguered share price. But it could be one key for the company to find some much-needed revenue growth.

Even as the stock languishes, down more than 40% so far in 2022, Robinhood is busy launching new products. So far this year it has introduced a new debit card and extended its trading hours. It has also completed the rollout of its cryptocurrency wallet and listed the popular Shiba Inu coin while jump-starting its overseas expansion by announcing the acquisition of a U.K. crypto app.

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