The Dogecoin Effect: Robinhood (HOOD) Stock Plunges 11% on Disappointing Results as Crypto Trading Revenue Plummets, Expects Headwind to Continue in Q4; Analyst Lower PTs

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. ABBV
2. MU
3. SPCX
4. IBM
5. ACN
6. NVDA
7. PRIM
8. META
9. SPY
10. TSLA

Go back to The Dogecoin Effect: Robinhood (HOOD) Stock Plunges 11% on Disappointing Results as Crypto Trading Revenue Plummets, Expects Headwind to Continue in Q4; Analyst Lower PTs

Robinhood Reports Third Quarter 2021 Results

October 26, 2021 4:03 PM EDT

MENLO PARK, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the third quarter ended September 30, 2021.

Total net revenues increased 35% to $365 million, compared with $270 million in the third quarter of 2020.Transaction-based revenues increased 32% to $267 million, compared with $202 million in the third quarter of 2020. Options increased 29% to $164 million, compared with $127 million in the third quarter of... More