Robinhood (HOOD) Stock Falls 8% as Crypto Revenue Collapses 38% in Q4

TLDR Robinhood shares dropped 7.66% in after-hours trading to $79.04 after missing Q4 revenue estimates despite posting record quarterly revenues The platform’s crypto revenues plunged 38% year-over-year to $221 million as digital asset prices remained weak throughout the quarter EPS of 66 cents beat analyst expectations of 63 cents, but revenue of $1.28 billion missed [...]

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