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Why Is Robinhood Stock Down 40% From Its Record High?

Source: fool.com

FintechDerivatives & VolatilityFutures & OptionsCrypto & Digital AssetsCompany Fundamentals
Why Is Robinhood Stock Down 40% From Its Record High?

Robinhood clients engage in risky trading, particularly in options, cryptocurrency, and prediction markets. The article notes that numerous studies find most retail investors who trade short-dated options lose money over time, which it says is unfavorable for Robinhood's business.

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