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Robinhood shares fall as crypto markets chill drives profit miss

Oct 28 (Reuters) - Robinhood's shares ⁠fell 8% in premarket trading on Wednesday after a ⁠prolonged chill in crypto markets dragged the trading ‌platform's third-quarter profit below Wall Street expectations.

The Star MalaysiaReuters查看原文 ↗
由于加密货币市场降温导致盈利预期未达预期,Robinhood股价下跌。

FILE PHOTO: A Robinhood logo is displayed at the Robinhood Markets, Inc. event in New York City, U.S., March 4, 2026. REUTERS/David 'Dee' Delgado

Oct 28 (Reuters) - Robinhood's shares ⁠fell 8% in premarket trading on Wednesday after a ⁠prolonged chill in crypto markets dragged the trading ‌platform's third-quarter profit below Wall Street expectations.

Crypto markets have been under pressure this year due to shifting expectations for US interest rates, outflows from bitcoin ​exchange-traded funds and bouts of risk aversion ⁠that have unsettled investors ⁠and sparked waves of selling.

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