
Robinhood Markets Inc. (NASDAQ:HOOD) shares are trading lower Thursday and continue to trend lower in what traders call a falling wedge pattern. Robinhood is set to report its fourth-quarter earnings after the market close today. Analyst estimates indicate the company is expected to report a loss of 42 cents per share and revenue is estimated to come in at $370.92 million.
Robinhood was down 5.72% at $11.70 late in Thursday afternoon trading.