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.

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

Oct 26, 2021, 10:19pm UTC
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.