The Economic Times

Why did HOOD stock drop 13% today? How a 47% crypto revenue crash dragged down Robinhood earnings

HOOD stock down today after Robinhood earnings: Robinhood shares tumbled after the company announced its first-quarter results. Earnings and revenue fell short of analyst predictions. Crypto revenue saw a significant decline. Investors are concerned about near-term growth. The company's expansion into new services faces scrutiny.