Movement Alert|Robinhood Falls 3.05% in Regular Trading as Bitcoin Slides to One-Week Low

Market Focus
Yesterday

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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10