Robinhood's Earnings Report: Crypto Revenue Plummets by 38% in Q4

Robinhood's stock prices experienced a decline following the release of its latest earnings report, which disclosed a sharp 38% decrease in revenue generated from cryptocurrency trading in the fourth quarter.

Despite the downturn in its crypto segment, the overall impact on Robinhood was somewhat mitigated by increased trading volumes from Bitstamp, highlighting the company's evolving strategy to enhance its international market presence.