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Why Robinhood Stock Is Plummeting Today


Robinhood (NASDAQ: HOOD) stock is getting hit with big sell-offs Wednesday following the company's latest quarterly report. The company's share price was down 14.3% as of 1:15 p.m. ET. At the same point in the daily session, the S 500 was down 0.3%, and the Nasdaq Composite was down 0.4%.

Robinhood published its first-quarter results after the market closed yesterday, posting sales and earnings that fell short of the market's expectations. As of this writing, the stock is now down roughly 38% in 2026.

Image source: Getty Images.

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Source Fool.com

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