Robinhood shares fall nearly 8% overnight after revenue miss
Robinhood Markets’ third-quarter revenue missed Wall Street expectations. Shares fell nearly 8% in the overnight session late Tuesday, while retail sentiment turned extremely bullish, according to the report.
Shares of Robinhood Markets Inc. (HOOD) plunged nearly 8% in the overnight session late Tuesday after the brokerage firm’s third-quarter (Q3) revenue missed Wall Street expectations.However, retail traders stayed firmly optimistic, with sentiment flipping from ‘bearish’ to ‘extremely bullish’ over…