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Robinhood Markets Shares Slip as Trading Volume Surges
Robinhood Markets fell 7.5% with heightened volume as investors weighed valuation and evolving strategy updates.
Robinhood Markets stock fell about 7.5% on Thursday, with shares trading near $110 and daily volume rising roughly 26% above average as selling pressure emerged. The company’s market capitalisation stands near to $99.2 billion, while analysts maintain a Moderate Buy consensus with a target above current levels. Robinhood’s focus on crypto staking and AI initiatives underscores its strategic pivot amid near-term volatility.