Trading app Robinhood sinks 11% in after-hours trade after posting loss
Robinhood shares fell about 11% in after-hours trading Thursday after it posted a net loss for the quarter, despite analysts’ previous estimates for quarterly revenue, as strong crypto trading boosted transaction volumes at the online brokerage. Robinhood, in its third set of results as a publicly traded company, reported a net loss of $423 million … Read more
