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Adam Eckert

Why Robinhood Markets Shares Are Falling Today

Robinhood HOOD Nasdaq

Robinhood Markets Inc (NASDAQ:HOOD) is trading lower Friday morning after the company announced mixed fourth-quarter financial results and issued guidance below estimates.

Robinhood reported a quarterly earnings loss of 49 cents per share, which was worse than the estimate for a loss of 45 cents per share. The company reported quarterly revenue of $363 million, which beat the estimate of $362.14 million.

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