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Wajeeh Khan

Should You Buy the Dip in Robinhood Stock Today?

HOOD Robinhood Bernstein Gautam Chhugani Robinhood Markets

Investors are bailing on Robinhood Markets (HOOD) after the retail trading platform came in shy of both profit and revenue estimates in its first financial quarter (Q1). 

HOOD attributed the quarterly weakness to its crypto segment; fees from digital assets tanked 47% on a year-over-year basis due to softness in the broader cryptocurrency market. 

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