New York, Jan 20, 2026, 18:01 EST — After-hours
Shares of Robinhood Markets, Inc. (HOOD) dropped Tuesday, slipping further in after-hours trading amid a broader retreat in risk assets. The stock ended the regular session down 2.7% at $105.78 and was last down roughly 0.7% to $105.03 post-close. (StockAnalysis)
Robinhood finds itself caught between retail trading and crypto. When investors pull back from risk, firms dependent on trading volumes often see the impact quickly, even absent new news from the company.
Wall Street pulled back after President Donald Trump threatened tariffs on multiple European nations, rattling investor confidence and triggering the steepest one-day decline since October, an AP report noted. Trump announced the import tax would take effect in February. (AP News)
Bitcoin dropped 4.7% to roughly $88,075, putting pressure on crypto-related stocks and the trading platforms that serve those investors.
Volatility edged higher as well. The Cboe Volatility Index, which tracks expected stock swings via options, briefly reached its highest point in eight weeks. Advisers noted the move seemed genuine but far from frantic. “But it’s not, you know, hair on fire,” said Jim Carroll, senior wealth adviser and portfolio manager at Ballast Rock Private Wealth. (Reuters)
Shares of crypto exchange Coinbase Global (COIN) dropped 5.5%, with Charles Schwab (SCHW) sliding roughly 2.7%. The declines highlight how brokers and trading-related stocks were caught up in the wider selloff.
Jamie Cox, managing partner at Harris Financial Group, noted investors aren’t pulling back wholesale despite the resurgence of tariff concerns dominating headlines. “I’m not at the point yet” where it sparks a correction, he said. (Reuters)
Beyond Tuesday’s macro shock, investors are closely tracking the pace at which U.S. markets are extending their trading hours — a change that could reshape the playing field for retail brokerages focused on access and convenience.
Intercontinental Exchange, the parent company of the NYSE, announced Monday it has created a platform for trading and on-chain settlement of tokenized securities — digital tokens that function like stocks — while pursuing regulatory approval to operate around the clock. “Tokenization is not a fad,” said Duke University finance professor Campbell Harvey. (Reuters)
The near-term risk for Robinhood bulls is straightforward: policy headlines keep rolling in, volatility remains high, and bitcoin is under pressure. This combination could dampen trading appetite and weigh on the group.
All eyes turn to Feb. 10, when Robinhood plans to report its fourth-quarter and full-year results after the market closes, followed by a video call at 5:00 p.m. ET. (Globenewswire)