FOX BIZ NEWS: Robinhood signals trading slowdown despite strong second quarter boosted by crypto


Robinhood signals trading slowdown despite strong second quarter boosted by crypto



Although Robinhood said factors including seasonality and an uptick in trading activity on its platform worked in its favor during the second quarter, the company anticipates "seasonal headwinds and lower trading activity" will result in lower revenue and considerably fewer new funded accounts in the third quarter.

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