Robinhood stock down 10% after reporting a slowdown in trading activity in Q3

Shares of Robinhood (HOOD) are down 10% Wednesday morning after it reported a slowdown in trading activity in the third quarter, with transaction-based revenues declining by 11% year-on-year The company’s third-quarter revenue of $467 million missed expectations of $478.9 million. Yahoo Finance Anchors Seana Smith and Brad Smith break down the latest numbers with the stock.
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