Most Popular Robinhood Stocks: $JPM $KODK $KOS – Wire Real Estate

Most Popular Robinhood Stocks: $JPM $KODK $KOS




Sep 2, 2020

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JPMorgan Chase To Shift To Office-Remote Working Model

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JPMorgan Chase & Co. (NYSE:JPM) has a market capitalization of $313.66 Billion and is one of the most popular stocks on Robinhood. Employees of the investment bank will be working partly from home and from office in a move that could have lasting implications in the banking industry. Daniel Pinto the co-president of the company indicated that they are implementing the rational model that will be more or less permanent. The bank could close its backup trading floors in London and New York.

The company has announced its quarterly coupon amount for Alerian MLP Index ETN. The Notes will be subject to a maximum issuance limit of 129 million note that might cause the notes to trade at a premium.

Eastman Kodak Launches New TV Series In India On Android Platform

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Eastman Kodak Company (NYSE:KODK) is also another popular Robinhood stock whose market capitalization is $457.13 Million. Kodak TV India has launched a new range of TV series running on Android TV platforms. The company unveiled seven variants of TV series under the C and XPro series ranging from Rs 10,999 to Rs 99,999. The sizes of the TV screens range from 43-65 inches and there is also a 75 inch 4K HDR TV prices at Rs 99,999.

Kodak CEO, Jim Continenza has stated that they are supporting the federal agency's decision to stop its potential loan. The company pointed out potential risks facing the initiative to manufacture drug ingredients using the potential loan.

Kosmos Energy Reports Revenue Of $127 Million

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Another popular Robinhood stock is Kosmos Energy Ltd (NYSE:KOS) whose market capitalization is $612.17 Million. The company has announced its Q2 2020 financial results in which it generated a net loss of $199 million or $0.49 per share. Adjusted net loss was $95 million or $0.23 per share in the quarter. Net production was 60,100 boepd with sales of 67,100 boepd and the company's revenue was $127 million.

The company's CEO indicated that the company had a strong quarter with additional liquidity sources. At the end of the quarter, the company had around $614 million of liquidity and net debt of $2 billion which c=grew by $66 million in Q2.

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