Robinhood Stock Down 8% As Crypto Revenue Plunges 38%

Robinhood Stock Down 8% As Crypto Revenue Plunges 38%

Robinhood (NASDAQ:HOOD) is down 8% in premarket after reporting crypto revenue decreased by 38% to $221 million in Q4. The Earnings Miss Total revenue rose 27% to a record $1.28 billion in Q4, but crypto dragged performance. Cryptocurrency transaction revenue fell 38%...