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Robinhood shares were down 6.40% at $88.51 after the company reported third-quarter results and agreed to stop offering new sports-related event contracts in Ohio by Nov. 2. It also said it is not providing a 2026 outlook for total operating expenses.
Robinhood agreed on Oct. 26 to stop offering new sports-related event contracts in Ohio by Nov. 2. The commission will refrain from enforcement during appeals.