https://apnews.com/ccf01fb8d5cd5e32750afa934e6f7bc5

NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app has turned millions of people into investors for the first time.

The company said Thursday that it took in $299 million in revenue during the first three months of the year, down 43% from a year earlier. It also reported a loss of $392 million, or 45 cents per share, as its number of active users shrank amid a wave of worries weighing on stock and cryptocurrency markets.