Robinhood Is Losing Monthly Active Users -- Should Investors Be Worried?
Robinhood Markets' (NASDAQ: HOOD) earnings results for the first quarter of 2022 didn't exactly impress Wall Street. Not only did earnings and revenue miss analyst estimates for the quarter, but the company saw a drop in monthly active users (MAUs) on the platform. Investors have been skeptical of Robinhood for a while now. Is this continuing decline of MAUs something for investors to be concerned about? Let's take a look.
Robinhood defines a monthly active user as a "unique user who makes a debit card transaction, or who transitions between two different screens on a mobile device or loads a page in a web browser while logged into their account, at any point during the relevant month. A user need not satisfy these conditions on a recurring monthly basis or have a Funded Account to be included in MAU."
Image source: Robinhood.
Source Fool.com
