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0.000841042893187584 -0.000350434538828227 0.00224278104850009 0.00112139052425005 -0.00294224838800119 0.00371460611157837 -0.00532660499018777 -0.00413512755817216
Stock impact report

Robinhood CFO defends its future as shares slide 9% after earnings [Yahoo! Finance Canada]

Robinhood Markets, Inc. - Class A (HOOD) 
Shares of the trading platform plunged 9% shortly after it reported Q4 earnings that missed analysts' expectations for both total net revenue and crypto-specific revenue. "First, we want to win with active traders," Robinhood CFO Shiv Verma told Yahoo Finance following the company's results on Wednesday. "Second, we want to win in the wallet share. Third, we want to be global and we want to be institutional. We're making progress on all of those and ... it looks very different than five years ago." Robinhood Markets, Inc. (HOOD) While the company is sprinting toward a future as a diversified financial giant, the core engine of its growth — volatile retail trading — is failing to keep pace with Wall Street's aggressive projections. For investors, the concern isn't just a single miss, but the disconnect between management's long-term optimism and the immediate reality of crypto fatigue. Verma was quick to push back on the idea that investors are over-indexed on the company's cr Show less Read more
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