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Why Robinhood Stock Fell This Week

TheMotleyFool

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Robinhood Markets (NASDAQ: HOOD) finally made its public debut this week, and made headlines for all the wrong reasons. The stock was down more than 4% for the week as of 10:30 a.m. EDT Friday after a rocky start on public markets.

Robinhood is a disruptor in the brokerage business, launching in 2015 with an app that featured commission-free trading and a simple interface designed to attract market newcomers. The company has definitely made its mark, all but forcing most of the larger, more-established brokerages to cut commissions and rethink their mobile interfaces.

Image source: Getty Images.

Source Fool.com

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