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Robinhood Sinks 7% as Crypto Slump and Tighter Spreads Overshadow Record Prediction Markets Quarter; Interactive Brokers Edges Higher, Webull Barely Budges

Source: 247wallst.com

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Robinhood Sinks 7% as Crypto Slump and Tighter Spreads Overshadow Record Prediction Markets Quarter; Interactive Brokers Edges Higher, Webull Barely Budges

Record performance in Robinhood’s newer businesses has not offset weakness in crypto and interest income, described as longstanding pressure points. The article says competing trading platforms are holding steady, but provides no figures or specific market reaction.

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