Robinhood shares fall as retail brokerage reports shrinking revenue, fewer active users

(CNBC) Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam. Shares of the company were down more than 11% in after hours trading, hitting all-time lows.

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