BREAKING 🚨
Robinhood's stock has slid 4% despite beating earnings expectations, as crypto revenue declines.
The brokerage reported $100 million in crypto trading revenue, a 38% decline year-over-year.
This decline is offset by stronger performance in options, equities, and prediction markets. Crypto revenue cooling is a significant factor in the stock's slide 📉.
Stay tuned for updates ⚡
$COTI, $SOXSB, $COTI
Robinhood's stock has slid 4% despite beating earnings expectations, as crypto revenue declines.
The brokerage reported $100 million in crypto trading revenue, a 38% decline year-over-year.
This decline is offset by stronger performance in options, equities, and prediction markets. Crypto revenue cooling is a significant factor in the stock's slide 📉.
Stay tuned for updates ⚡
$COTI, $SOXSB, $COTI