Oct 27 (Reuters) – Robinhood Markets reported a drop in third-quarter profit on Tuesday as slower cryptocurrency trading weighed on growth, despite robust trading activity across other asset classes.
The Menlo Park, California-based company posted a profit of $476 million, or 51 cents per share, for the three months ended September 30, compared with $556 million, or 61 cents per share, a year earlier.
(Reporting by Prakhar Srivastava and Rishab Shaju in Bengaluru; Editing by Diti Pujara)
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