Robinhood Markets Shares Drop Following Disappointing Q1 Earnings
Robinhood Markets (NASDAQ:HOOD) shares fell 13.24% to $71.20 after missing revenue and EPS estimates in its Q1 2026 earnings report. The stock's decline was accompanied by a significant increase in trading volume, and the broader market showed minimal movement with the S&P 500 and Nasdaq Composite nearly flat. Robinhood's crypto trading revenue dropped 47% year-over-year.
Tickers: $HOOD $IBKR $SCHW $SCHW PRD
Topics: crypto revenue earnings miss investor sentiment Robinhood Markets stock market