🚨 FINANCE NEWS : Robinhood (HOOD) has erased more than $54,000,000,000 in market cap as shares have fallen over 44% from all-time highs.
The stock plunged another 8% in premarket today after Q4 revenue missed estimates. Robinhood reported $1.28 billion in revenue for Q4, which fell short of the $1.34 billion analysts were expecting. The biggest drag on the top line was a sharp decline in cryptocurrency trading activity.
