Robinhood stock slips after Morgan Stanley outlines near-term challenges

Apr. 18, 2022 11:25 AM ETRobinhood Markets, Inc. (HOOD)SCHW, SQ, SOFI, UPST, DAVEBy: Liz Kiesche, SA News Editor1 Comment

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Robinhood Markets (NASDAQ:HOOD) stock is dipping 3.7% after Morgan Stanley analyst Michael Cyprys said he sees near-term challenges for shares in the stock- and crypto-trading app and considers 2022 to be a transition year.

Note that many

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