You will be forgiven Looking forward to public fintech companies facilitating consumer commerce this week. However, after reporting earnings, two pandemic-era high-flying airliners’ stock prices have gained ground. Coinbase and Robinhood Up? In this economy? yes.
Among non-technological sectors, consumer marketing should be among the following. Most of it Out of use. And yet.
TechCrunch wanted to better understand investor reaction to the results from both Coinbase (crypto-focused) and Robinhood (equities-focused) to find out what caused each company’s stock to soar during their reports. The answers are partially related.
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Ironically, two of the forces that make consumer marketing interesting are the same motivations that help companies generate more revenue from their previously insignificant business. The Federal Reserve takes some, and the Fed gives some back.
