Robinhood Stock Slides After Crypto Trading Slump Hits Q1 Earnings
As a result of missing analyst expectations for Q1 revenue and a roughly 50% decline in crypto income and trading volume compared to a year ago, Robinhood’s stock dropped 9.4% in after-hours trading. Based on the company’s Q1 financial report, which was released on Tuesday, Robinhood saw a 47% year-on-year
