Robinhood’s Q4 revenue fell short of expectations at $1.28B, causing a 7-8% drop in after-hours trading. Despite a decline in crypto trading revenue, the company’s prediction markets and options business showed growth potential. Management is pivoting towards event contracts and prediction markets to offset weaker crypto activity. The stock’s high valuation took a hit due to the earnings miss, but analysts remain optimistic about long-term growth prospects.

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