(Reuters) – Robinhood Markets Inc, the brokerage at the center of last year’s retail trading frenzy, posted a 43% fall in first-quarter revenue on Thursday as transaction volumes declined across asset classes.
Total net revenues decreased to $299 million, compared with $522 million a year earlier.
(Reporting by Manya Saini in Bengaluru and Hannah Lang in Washington; Editing by Aditya Soni)
