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Robinhood Shares Fall After Crypto Revenue Tanked 47%
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Robinhood Shares Fall After Crypto Revenue Tanked 47%

The Information·Yueqi Yang·about 1 month ago
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Robinhood shares fell more than 6% in after-market trading after reporting a 47% plunge in crypto trading revenue from a year ago. Despite the slump, record volumes in prediction markets lifted Robinhood’s total revenue 15% to $1.07 billion. The result shows individual traders that use Robinhood are shifting from crypto to investing in other asset classes. Robinhood said event contracts

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