$HOOD Lays Off 9% of Employees After Use Decline

https://www.forbes.com/sites/zacharysmith/2022/04/26/robinho…

TOPLINE Robinhood CEO Vlad Tenev announced Tuesday that the financial services company would lay off about 9% of its full-time employees in the wake of a drop in active users following torrid growth early in the pandemic, sending Robinhood stock plunging nearly 72% in six months.

https://twitter.com/peregreine/status/1519534918027595776

1) $HOOD Earnings call should be interesting for those who are still long.

Down -88.82% since ATH of $85.00 last Aug:

“The layoffs come ahead of the company’s first-quarter earnings report Thursday after the closing bell.”