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Robinhood Stock Eases After Cryptocurrency Fuels Huge Earnings Beat

Robinhood Stock Eases After Cryptocurrency Fuels Huge Earnings Beat

Robinhood Markets late Wednesday crushed earnings estimates for a first quarter that saw a surge in retail cryptocurrency trading. Robinhood turned lower Thursday. The Robinhood earnings report came after the online broker on Monday disclosed it had received a "Wells Notice" over crypto trading on its trading platform.