Robinhood (HOOD) Stock: Drops as Q2 Revenue Jumps 32% and Net Income Surges 48%

TLDR Robinhood shares dropped after hours despite strong second-quarter growth in Q2. Q2 revenue climbed 32% to $1.31 billion as trading activity reached records. Net income surged 48% to $573 million, while diluted EPS increased to $0.62. Crypto revenue fell 38% even as options and equities revenue increased sharply. Platform assets reached $369 billion while [...]

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