On October 7, Robinhood fell 3.05% in regular trading, trading at $108.495/share, with turnover of $169 million. The decline tracked weakness across US cryptocurrency-linked stocks as Bitcoin dropped to a one-week low.
Pre-market data showed Coinbase down 2.5%, Strategy down 3.3%, and Robinhood down 2.2% amid the broader crypto pullback. Futures also pointed lower, with Nasdaq 100 futures down 0.7% and S&P 500 futures down 0.3%, while the 30-year Treasury yield climbed to 5.7041%, its highest since 2002, pressuring risk assets.
Within the Investment Banking & Brokerage sector, Webull Corp fell 21.29%, Goldman Sachs fell 2.36%, Morgan Stanley fell 2.19%, Futu Holdings fell 5.48%, and Charles Schwab fell 1.94%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)