New York, Jan 20, 2026, 18:01 EST — After-hours
Robinhood Markets, Inc. (HOOD) shares fell Tuesday, extending losses in after-hours as risk assets pulled back. The stock closed the regular session down 2.7% at $105.78 and dipped about 0.7% more to $105.03 after hours. 1
Robinhood is stuck in the crossfire between retail trading and crypto. When investors retreat from risk, companies reliant on trading volumes usually feel the pinch fast, even without any fresh updates from the firm.
Wall Street slipped after President Donald Trump warned of tariffs targeting several European countries, shaking investor nerves and sparking the biggest one-day drop since October, according to an AP report. The president said the import tax would kick in come February. 2
Bitcoin slid 4.7% to about $88,075, weighing on crypto-linked stocks and the trading platforms catering to those investors.
Volatility ticked up, with the Cboe Volatility Index climbing to its highest level in eight weeks. The gauge, which measures expected stock swings through options, showed movement that advisers described as real but not extreme. “But it’s not, you know, hair on fire,” said Jim Carroll, senior wealth adviser and portfolio manager at Ballast Rock Private Wealth. 3
Shares of crypto exchange Coinbase Global (COIN) tumbled 5.5%, while Charles Schwab (SCHW) slipped about 2.7%. These drops underscore the pressure on brokers and trading stocks amid the broader market selloff.
Jamie Cox, managing partner at Harris Financial Group, said investors aren’t retreating en masse even as tariff worries make headlines again. “I’m not at the point yet” where it triggers a correction, he added. 4
After Tuesday’s surprise in the macro data, all eyes are on how quickly U.S. markets are stretching their trading hours. This shift could dramatically alter the landscape for retail brokerages that bank on accessibility and convenience.
Intercontinental Exchange, which owns the NYSE, revealed Monday it has developed a platform for trading and on-chain settlement of tokenized securities—digital tokens that act like stocks. The company is also seeking regulatory approval to enable 24/7 operation. “Tokenization is not a fad,” said Duke University finance professor Campbell Harvey. 5
Robinhood bulls face a clear short-term threat: ongoing policy news, persistent volatility, and pressure on bitcoin. Together, these factors could curb trading interest and drag down the sector.
Investors are focused on Feb. 10, the day Robinhood will release its fourth-quarter and full-year results after the market closes, with a video call scheduled for 5:00 p.m. ET. 6
