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Down 40%, Is Robinhood Stock a Buy on the Latest Dip?

Robinhood Markets (NASDAQ: HOOD) shares have continued to struggle, with the stock down about 40% from its all-time highs. It's trended downward since late September, and a disappointing after-the-bell third-quarter earnings report on Oct. 27 only compounded its malaise. Let's take a closer look at the broker's results and prospects to see if this dip is a buying opportunity.

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