Earnings Results: Robinhood capitalizes on strong crypto interest in first earnings report, but stock stumbles

Robinhood Markets Inc. benefited from strong interest in cryptocurrencies in its first earnings report as a public company, though the company continued to warn that the September quarter was unlikely to match the June quarter’s record levels of activity.

Robinhood Markets Inc. benefited from strong interest in cryptocurrencies in its first earnings report as a public company, though the company continued to warn that the September quarter was unlikely to match the June quarter’s record levels of activity.