Robinhood shares drop below IPO price in after-market trading on crypto slowdown

Robinhood shares drop below IPO price in after-market trading on crypto slowdown

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/robinhood-results/robinhood-shares-drop-below-ipo-price-in-after-market-trading-on-crypto-slowdown-idUSKBN2HG2KG

(Reuters) -Robinhood Markets Inc shares fell below their initial public offering price in after-hours trading after the retail broker reported softer revenue than expected for the third quarter as trading levels for things like the cryptocurrency dogecoin eased.