6 Hrs
Source:
الاقتصادية
Source: الاقتصادية
6 Hrsالاقتصادية
Source: الاقتصادية
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Robinhood shares fell 32.5% between September 23 and the end of October 2026, dropping from a peak of $126 to around $85, after a sell-off intensified following its third-quarter results. A slowdown in cryptocurrency trading was the main factor: crypto revenue fell 55% to $120 million, while net income declined to $476 million, despite total revenue reaching $1.42 billion. Operating expenses and lower net interest revenue also weighed on earnings, and investor concerns prompted major banks to lower their price targets. Technically, the stock is trading near support at $83.80; a break below that level could open the way to a decline toward $75.52. To regain momentum, it would need to move above $92.99 and then $100.95.
Notice: This Is an AI-Generated Summary
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