Robinhood posts smaller-than-expected loss; shares rise
Source: Reuters
Nov 2 (Reuters) - Robinhood Inc (HOOD.O) posted a smaller-than-expected quarterly loss as the brokerage's margin trading business benefited from rising interest rates, while increased volatility in the markets helped its equities and options segments.Shares of the Menlo Park, California-based company were up 5% in extended trading on Wednesday.Net interest revenue from its margin investing business doubled to…