Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businesses

Source: press CNBC•

Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businesses

Robinhood shares fell 4% in after-hours trading as investors digested weaker-than-expected third-quarter earnings despite growth in options trading and prediction markets. Here's how the brokerage performed in its quarter ended Sept. 30, compared with Wall Street estimates, based on a survey of…

Robinhood shares fell 4% in after-hours trading as investors digested weaker-than-expected third-quarter earnings despite growth in options trading and prediction markets.

Here's how the brokerage performed in its quarter ended Sept. 30, compared with Wall Street estimates, based on a survey of analysts by LSEG:

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