New York, Feb 2, 2026, 3:03 PM EST — Regular session
Shares of Robinhood Markets slipped 10.2% to $89.34 in Monday afternoon trading, deepening their retreat as investors scaled back on crypto-related stocks.
The slide is significant since traders view Robinhood as a gauge of retail risk appetite, given its strong links to crypto and newer event-contract products that fluctuate sharply with sentiment. A seasonal dip in prediction-market activity as football season ends has also entered discussions about near-term trading volumes. (Barron’s)
Bitcoin bounced back to about $78,525 after falling as low as $74,609 earlier, erasing much of a weekend slump triggered by Donald Trump naming ex-Fed governor Kevin Warsh to head the Federal Reserve. “Sometimes these price adjustments feed on themselves,” Brian Jacobsen, chief economist at Annex Wealth Management, told Reuters, commenting on the crypto selloff. (Reuters)
Shares of other crypto-sensitive stocks dropped as well. Coinbase Global Inc. slipped 2.6%, and Strategy Inc. took a 4.5% hit.
Robinhood’s UK branch is set to launch a stocks & shares ISA this week, featuring a 2% cash bonus on new eligible contributions made before April 5, 2026. Customers must hold these contributions for a year to qualify for the full bonus. “Investing should be rewarding, not costly,” said Jordan Sinclair, president of Robinhood UK. (MarketScreener)
A stocks & shares ISA is a tax-advantaged investment account available in the UK. Robinhood’s UK debut features zero platform fees and no commissions, the company announced. The platform also offers a built-in contribution tracker and supports transfers from other providers. Additionally, users can access Cortex Digests, a tool delivering near real-time insights on stock movements. (Investing.com Australia)
Patrick Moley from Piper Sandler pointed to the end of football season as a “headwind” for Robinhood’s prediction-market revenue, which previously accounted for “almost half the volume.” These prediction markets involve event contracts paying out on yes/no outcomes, and their volume tends to be uneven. (Barchart)
That said, the stock’s fate still hinges on crypto prices and trading volumes, which can drop off fast once volatility shifts from “profitable” to “risky.” If the market stays risk-averse, newer ventures like prediction markets and international growth probably won’t stabilize the stock anytime soon.
Robinhood will release its fourth-quarter results on Feb. 10 after the market closes. CEO Vlad Tenev and incoming CFO Shiv Verma are set to review the numbers during a 5 p.m. ET video call. Shareholders can start submitting their questions beginning Feb. 3. (Globenewswire)
