Business

Robinhood shares fall as crypto slump weighs on profits, offsetting gains in new businesses

CNBC·Oct 28, 2026 · 3:23 AM CT
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Robinhood shares fell about 8% before the bell after third-quarter earnings of 51 cents a share missed the 56 cents analysts expected. Revenue rose 12% to $1.42 billion, in line with estimates, but transaction revenue came in light as the crypto slump weighed on results.

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