Robinhood Shares Fall More Than 2% Overnight as Bitcoin Weakens
Robinhood shares fell more than 2% overnight late Thursday. Bitcoin dropped to $68,399.67, its lowest level since August; Robinhood reported 28.9 million funded customers in October.
Shares of Robinhood Markets Inc. (HOOD) slumped more than 2% in the overnight session late on Thursday as a slide in Bitcoin prices weighed on the stock, though its October metrics came in strong.Bitcoin (BTC) prices dropped to $68,399.67 at the time of writing, the lowest level since August.Robinh…