Robinhood Retreats On Q4 Miss, Cues 'Prediction Markets Supercycle'

Robinhood Skids On Q4 Miss, Cues 'Prediction Markets Supercycle' | Investor's Business DailyBREAKING: [Jobs Report Strong: Payrolls Up 130,000 While Jobless Rate Falls]---Robinhood tumbled early Wednesday after posting a big fourth-quarter revenue miss and a decline in monthly active users. Shares of the mobile broker have taken a four-week skid amid a cryptocurrency sell-off, with the price of bitcoin down about 22% since the end of January. Robinhood Markets (HOOD) reported a 35% decline in earnings to 66 ...