Robinhood shares fell more than 6% in after hours trading Tuesday after the trading platform reported first quarter earnings that missed Wall Street expectations, with weaker crypto revenue offsetting growth in equities, options, prediction markets, and subscriptions.
HOOD closed near $82 on Tuesday before dropping to around $77 in after hours trading at press time. Investors had expected Robinhood to report about $0.39 in earnings per share and revenue of roughly $1.14 billion. The c