{"id":79767,"date":"2021-10-27T02:07:40","date_gmt":"2021-10-27T06:07:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79767"},"modified":"2021-10-27T02:00:35","modified_gmt":"2021-10-27T06:00:35","slug":"robinhood-shares-tank-as-revenue-falls-way-short-of-expectations-on-lighter-crypto-trading","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2021\/robinhood-shares-tank-as-revenue-falls-way-short-of-expectations-on-lighter-crypto-trading.html","title":{"rendered":"Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading"},"content":{"rendered":"\n<p>(CNBC) Stock trading app <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/HOOD\" target=\"_blank\">Robinhood<\/a> reported Tuesday a huge revenue miss for the third quarter, as cryptocurrency trading dropped off. Robinhood\u00a0said that, barring any change in the market environment, the headwinds that dragged down last quarter \u2014 like lower retail trading activity \u2014 will persist into year-end. Shares of the newly public company tanked by 8% in after-hours trading.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/10\/26\/robinhood-third-quarter-earnings-2021.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Stock trading app Robinhood reported Tuesday a huge revenue miss for the third quarter, as cryptocurrency trading dropped off. Robinhood\u00a0said that, barring any change in the market environment, the headwinds that dragged down last quarter \u2014 like lower retail [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79767","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79767"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79767\/revisions"}],"predecessor-version":[{"id":79768,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79767\/revisions\/79768"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}