(Reuters) – Robinhood Markets Inc reported a jump in third-quarter revenue on Tuesday, as cryptocurrency trading helped offset the hit from retail investors becoming less active after a frenzied rally in shares of so-called “meme stocks” earlier this year.
Robinhood, in its second set of results as a public company, posted total revenue of $365 million for the quarter ended Sept. 30, compared to $270 million a year earlier.
(Reporting by Noor Zainab Hussain in Bengaluru and John McCrank in New York; Editing by Arun Koyyur)
