Option News Today — October 28, 2026
Robinhood shares fall as crypto slump weighs on profits, offsetting gains in new businesses and more — today's option signal.
US financial markets are closely watching the performance of trading platform Robinhood, as its shares fell in early trading today due to a slump in cryptocurrency markets that weighed on the company's profits. Despite gains in new businesses such as event contracts and options, which helped boost quarterly revenue by 12%, the decline in crypto-related income appears to be a significant drag on the company's financials.
In other news, the WNBA is facing criticism for scheduling a weekday lunchtime finals game, sparking reactions from high-profile figures including rapper Flavor Flav and former Secretary of State Hillary Clinton. Meanwhile, in the healthcare sector, employer plans are dropping coverage for certain GLP-1 weight-loss drugs, potentially impacting treatment options for individuals seeking to manage their weight in 2027.
Today's signal:
• Robinhood shares fall as crypto slump weighs on profits, offsetting gains in new businesses (cnbc.com)
• Flavor Flav, Hillary Clinton weigh in as WNBA takes flak for weekday lunchtime finals game (cnbc.com)
• Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businesses (cnbc.com)
• Robinhood shares fall 5% as crypto slump weighs on profits, offsetting gains in new businesses (cnbc.com)
• Robinhood quarterly revenue rises 12% as event contracts, options offset crypto slump (cnbc.com)
• GLP-1 drug coverage is being dropped by employer plans: What to know about 2027 weight-loss options (cnbc.com)